{"id":903072,"date":"2021-10-20T18:14:06","date_gmt":"2021-10-20T22:14:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=903072"},"modified":"2021-10-20T18:14:08","modified_gmt":"2021-10-20T22:14:08","slug":"quintessential-ahole-industry-biden-treasury-nominee-has-harsh-words-for-financial-service-jobs","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/quintessential-ahole-industry-biden-treasury-nominee-has-harsh-words-for-financial-service-jobs\/","title":{"rendered":"\u2018Quintessential A**hole Industry\u2019: Biden Treasury Nominee Has Harsh Words For Financial Service Jobs"},"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\">26<\/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%2Fquintessential-ahole-industry-biden-treasury-nominee-has-harsh-words-for-financial-service-jobs%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=903072&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><\/div>\n<p>President Joe Biden\u2019s nominee for a top Treasury Department post had harsh words for the financial services sector, calling it an \u201ca**hole industry,\u201d in a Canadian documentary.<\/p>\n<p>\u201cThe financial services industry, in my view, and I don\u2019t think I\u2019m alone here, is the quintessential a**hole industry,\u201d Saule Omarova, Cornell University law professor and Biden nominee for comptroller of the currency, said in the documentary <a href=\"https:\/\/assholesatheory.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">titled<\/a> \u201cAssholes: A Theory,\u201d Fox News first <a href=\"https:\/\/www.foxnews.com\/politics\/biden-nominee-saule-omarova-calls-financial-services-quintessential-a-industry\" target=\"_blank\" rel=\"noopener noreferrer\">reported<\/a>.<\/p>\n<p><a href=\"https:\/\/dailycaller.com\/2021\/09\/23\/joe-biden-saule-omarova-treasury-department\/\" target=\"_blank\" rel=\"noopener noreferrer\">Omarova<\/a> has recently gained criticism for previous comments praising the Soviet Union\u2019s lack of a \u201cpay gap.\u201d <a href=\"https:\/\/dailycaller.com\/2021\/10\/14\/lawrence-summers-federal-reserve-inflation-woke-economy\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>(RELATED: Top Obama Economist Goes After Woke Fed For Opening An Inflation Pandora\u2019s Box)<\/strong><\/a><\/p>\n<p>\u201cUntil I came to the US, I couldn\u2019t imagine that things like gender pay gap&nbsp;still existed in today\u2019s world,\u201d Omarova <a href=\"https:\/\/web.archive.org\/web\/20210923185104\/https:\/twitter.com\/STOmarova\/status\/1112387645882200064?s=20\">wrote<\/a> in a tweet from 2019. \u201cSay what you will about old USSR, there was no gender pay gap there. Market doesn\u2019t always \u2018know best.&#8217;\u201d<\/p>\n<p>Until I came to the US, I couldn\u2019t imagine that things like gender pay gap still existed in today\u2019s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn\u2019t always \u201cknow best.\u201d <a href=\"https:\/\/t.co\/vvnx9DZICN\">https:\/\/t.co\/vvnx9DZICN<\/a><\/p>\n<blockquote class=\"twitter-tweet\" readability=\"4.1333333333333\">\n<p>\u2014 Saule Omarova (@STOmarova) <a href=\"https:\/\/twitter.com\/STOmarova\/status\/1112387645882200064?ref_src=twsrc%5Etfw\">March 31, 2019<\/a> <\/p>\n<\/blockquote>\n<p>The Cornell Law professor has also drawn scrutiny for a university thesis on Marxism she wrote during her time at Moscow State University in 1989, the Daily Caller News Foundation <a href=\"https:\/\/dailycaller.com\/2021\/10\/14\/saule-omarova-office-of-the-comptroller-of-the-currency-marxism\/\">reported<\/a>. Omarova has still refused to hand over her work titled \u201cKarl Marx\u2019s Economic Analysis and the Theory of Revolution in The Capital,\u201d for which she was given an Oct. 13 deadline.<\/p>\n<p>Democratic Senator Jon Tester, a member of the Banking Committee, said he has \u201cconcerns\u201d about Omarova after she expressed views that the Federal Reserve should effectively manage people\u2019s bank accounts entirely and get rid of all private financial institutions, Politico <a href=\"https:\/\/www.politico.com\/news\/2021\/10\/19\/democrats-omarova-bank-pick-516250\" target=\"_blank\" rel=\"noopener noreferrer\">reported<\/a>.<\/p>\n<p>\u201cUnder Professor Omarova\u2019s radical plan, the government would replace the free market in how wages and prices are set,\u201d Republican Sen. Pat Toomey, ranking member of the Senate Banking Committee, said in a statement Wednesday. \u201cThe government would control everything from the size of your paycheck to the amount you pay at the grocery store and the gas station.\u201d<\/p>\n<p>\u201cThe more I read the radical ideas that Professor Omarova has advocated for and considers the enormously harmful effects they would have on our economy, the more troubled I am by her nomination. I strongly urge President Biden to reconsider her decision to nominate her,\u201d Toomey added.<\/p>\n<p>Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden\u2019s nominee for a top Treasury Department post had harsh words for the financial services sector, calling it an \u201ca**hole industry,\u201d in a Canadian documentary.\u201cThe financial services industry, &#8230;<\/p>\n","protected":false},"author":1,"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-903072","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\/903072","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=903072"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/903072\/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=903072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=903072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=903072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}