{"id":1027176,"date":"2021-11-18T11:28:28","date_gmt":"2021-11-18T16:28:28","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1027176"},"modified":"2021-11-18T11:28:32","modified_gmt":"2021-11-18T16:28:32","slug":"biden-nominee-saule-omarova-disowns-her-own-words-to-bankrupt-oil-companies-poor-phrasing","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-nominee-saule-omarova-disowns-her-own-words-to-bankrupt-oil-companies-poor-phrasing\/","title":{"rendered":"Biden Nominee Saule Omarova Disowns Her Own Words to Bankrupt Oil Companies: &#039;Poor Phrasing&#039;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-nominee-saule-omarova-disowns-her-own-words-to-bankrupt-oil-companies-poor-phrasing%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1027176&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">Saule Omarova, President Joe Biden\u2019s U.S. Comptroller nominee, blamed \u201cpoor phrasing\u201d when she called on \u201cbankrupt\u201d fossil fuel companies to \u201ctackle climate change.\u201d<\/p>\n<p>Omarova, a Cornell Law professor, <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/17\/republicans-reveal-biden-banking-nominees-radical-vision-close-americans-bank-accounts\/\">said<\/a> she wanted to bankrupt fossil fuel companies to facilitate climate change policies.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cFor certain troubled industries and firms that are in transition. And here what I\u2019m thinking about is primarily coal industry and oil and gas industry,\u201d Omarova&nbsp;<a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/10\/bidens-comptroller-of-the-currency-nominee-declares-war-on-fossil-fuels-go-bankrupt-to-tackle-climate-change\/\">said<\/a>.<\/p>\n<div class=\"google-auto-placed ap_container\" readability=\"10\">\n<p>\u201cA lot of the smaller players in that industry are going to probably go bankrupt in short order \u2013 at least we want them to go bankrupt if we want to tackle climate change, right?\u201d Omarova added.<\/p>\n<\/div>\n<p>During her nomination hearing at the Senate Banking Committee Thursday, she blamed \u201cpoor phrasing\u201d for her words to bankrupt oil and natural gas companies.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<div id=\"attachment_18808322\" class=\"wp-caption alignnone\" readability=\"38\"><a href=\"https:\/\/media.breitbart.com\/media\/2021\/11\/GettyImages-1236642097.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-18808322\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/GettyImages-1236642097-1024x681-1.jpg\" alt width=\"990\" height=\"658\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>Ranking member Pat Toomey (R-PA) questions nominee to be the Comptroller of the Currency Saule Omarova as she testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on Capitol Hill in Washington, DC, on November 18, 2021. ( JIM WATSON\/AFP via Getty)<\/em><\/p>\n<\/div>\n<p>Asked by Senate Banking Chairman Sherrod Brown (D-OH), \u201cDo you want to bankrupt natural gas companies?\u201d<\/p>\n<p>\u201cAbsolutely not. That was poor phrasing,\u201d she responded.<\/p>\n<p>Sen. Jon Tester (D-MT), who has expressed concerns about Omarova, asked her about her call to eliminate natural gas companies.<\/p>\n<p>Tester said he has \u201csignificant\u201d concerns with Omarova\u2019s positions.<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>The comptroller nominee said her words were \u201cnot well phrased.\u201d<\/p>\n<p>The Montana Democrat also voiced his concern about Omarova\u2019s opposition to the&nbsp;Economic Growth, Regulatory Relief and Consumer Protection Act, which provided regulatory relief for small and medium-sized banks from the Dodd-Frank banking legislation.<\/p>\n<div id=\"attachment_18808362\" class=\"wp-caption alignnone\" readability=\"36\"><a href=\"https:\/\/media.breitbart.com\/media\/2021\/11\/GettyImages-1236641995.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-18808362\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/GettyImages-1236641995-1024x681-1.jpg\" alt width=\"990\" height=\"658\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>U.S. Senator John Kennedy (R-LA), looks on as nominee to be the Comptroller of the Currency Saule Omarova testifies before the Senate Banking, Housing and Urban Affairs Committee. (JIM WATSON\/AFP via Getty Images)<\/em><\/p>\n<\/div>\n<p>She said in her response that she now recognizes the legislation as the law of the land and that small and medium-sized banks should not be subject to systemically important financial institution (SIFI) regulations as part of the Dodd-Frank legislation.<\/p>\n<p>Omarova said&nbsp;\u201canything below $250 billion [in assets] is not a systemically important financial institution.\u201d<\/p>\n<p><strong><i>Sean Moran is a congressional reporter for Breitbart News. Follow him on Twitter&nbsp;<\/i><a href=\"https:\/\/twitter.com\/SeanMoran3\"><i>@SeanMoran3<\/i><\/a><i>.<\/i><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saule Omarova, President Joe Biden\u2019s U.S. Comptroller nominee, blamed \u201cpoor phrasing\u201d when she called on \u201cbankrupt\u201d fossil fuel companies to \u201ctackle climate change.\u201d Omarova, a Cornell Law professor, said she &#8230;<\/p>\n","protected":false},"author":38,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1027176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1027176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1027176"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1027176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1027176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1027176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1027176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}