{"id":1054475,"date":"2021-11-25T09:58:29","date_gmt":"2021-11-25T14:58:29","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1054475"},"modified":"2021-11-25T09:58:31","modified_gmt":"2021-11-25T14:58:31","slug":"five-senate-democrats-say-theyll-oppose-saule-omarova-for-occ-sinking-nomination","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/five-senate-democrats-say-theyll-oppose-saule-omarova-for-occ-sinking-nomination\/","title":{"rendered":"Five Senate Democrats Say They&#039;ll Oppose Saule Omarova for OCC, Sinking Nomination"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/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%2Ffive-senate-democrats-say-theyll-oppose-saule-omarova-for-occ-sinking-nomination%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=1054475&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--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/Saule-Omarova-1-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">Five Democratic senators reportedly oppose the nomination of Saule Omarova to head the Treasury Department\u2019s Office of the Comptroller of the Currency, dooming her chances to head one of the most powerful financial regulatory agencies in the U.S.<\/p>\n<p>The far-left law professor has advocated for eliminating private-sector banking and treating all businesses as franchises of the U.S. government. She has said that bankrupting small oil and gas companies should be welcomed, a statement she later <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/18\/biden-nominee-runs-away-from-her-own-words-to-bankrupt-oil-companies-poor-phrasing\/\">recanted<\/a>.<\/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>Senators Jon Tester (D-MT), Mark Warner (D-VA), and Kyrsten Sinema (D-Ariz.) held a phone call with&nbsp; Senate Banking Committee chair Sherrod Brown (D-OH) on Wednesday night to announce their opposition to Omarova\u2019s confirmation, Axios <a href=\"https:\/\/www.axios.com\/democrats-omarova-occ-5755a0e4-c6a5-4ca7-b6c7-87d18d5491f9.html\">reported<\/a> Wednesday night. According to Axios, Sens. John Hickenlooper (D-CO) and Mark Kelly (D-AZ.) also oppose her nomination.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Treasury Secretary Janet Yellen has also objected to the pick, according to the <a href=\"https:\/\/www.wsj.com\/articles\/comptroller-of-the-economy-saule-omarova-joe-biden-nominee-11632937029\"><em>Wall Street Journal<\/em>\u2018s editorial board.<\/a><\/p>\n<p>Republicans, led by ranking member Pat Toomey (R-PA), were severely critical of the nominee at a hearing before the Senate Banking Committee last week. Senator Toomey took her to task for her papers and statements that advocated forcibly transferring all bank accounts to the Federal Reserve and other far-left schemes. Senator John Kennedy (R-LA) said he wasn\u2019t sure if he should call Omarova \u201ccomrade or professor.\u201d<\/p>\n<p>\u201cThere\u2019s a lot that\u2019s extraordinary and radical here\u2014but maybe the heart of it is that Ms. Omarova doesn\u2019t just want tightened regulation of banks. What she wants to, and I quote\u2014this is her words\u2014\u2018effectively end banking as we know it.\u2019 Those are words she wrote just last year,\u201d&nbsp;Toomey <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/10\/26\/omarova-bank-killer\/\">said<\/a> in a speech on the Senate floor.<\/p>\n<p>Sen. Tester <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/18\/jon-tester-says-he-has-significant-concerns-with-biden-nominees-policies\/\">said<\/a> at that hearing that he had \u2018significant concerns about her nomination. Other Democrats, including Brown, attempted to tar opposition to the Soviet-born Omarova as xenophobic \u201cred-baiting.\u201d Brown said GOP opposition was what it looks like when \u201cMcCarthyism meets Trumpism.\u201d<\/p>\n<p>Although she claimed to be a defender of community banks and a critic of Wall Street,&nbsp;the Independent Community Bankers of America and 41 state banking associations, which represent thousands of community banks, <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/17\/41-state-banking-associations-saule-omarova-confirmation-jeopardize-economic-growth\/\">urged<\/a> Senate Banking members to oppose Saule Omarova\u2019s confirmation.<\/p>\n<p>With an evenly divided Senate and unanimous opposition from Republicans, the opposition of five Democrats dooms Omarova\u2019s nomination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five Democratic senators reportedly oppose the nomination of Saule Omarova to head the Treasury Department\u2019s Office of the Comptroller of the Currency, dooming her chances to head one of the &#8230;<\/p>\n","protected":false},"author":11,"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-1054475","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\/1054475","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1054475"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1054475\/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=1054475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1054475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1054475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}