{"id":996144,"date":"2021-11-10T21:28:39","date_gmt":"2021-11-11T02:28:39","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=996144"},"modified":"2021-11-10T21:28:43","modified_gmt":"2021-11-11T02:28:43","slug":"bidens-comptroller-of-the-currency-nominee-declares-war-on-fossil-fuels-go-bankrupt-to-tackle-climate-change","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-comptroller-of-the-currency-nominee-declares-war-on-fossil-fuels-go-bankrupt-to-tackle-climate-change\/","title":{"rendered":"Biden\u2019s Comptroller of the Currency Nominee Declares War on Fossil Fuels: \u2018Go Bankrupt\u2019 to \u2018Tackle Climate Change\u2019"},"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\">34<\/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%2Fbidens-comptroller-of-the-currency-nominee-declares-war-on-fossil-fuels-go-bankrupt-to-tackle-climate-change%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=996144&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\/imgonline-com-ua-FrameBlurred-ezFeATluG0xgGhqk-640x335-1.png\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">Saule Omarova, the Cornell law professor whom President Joe Biden nominated to be the Comptroller of Currency, has already created controversy over her writings about Marxism and her expressed hostility toward cryptocurrency and community banks. And now she has openly joined the Biden administration\u2019s war on fossil fuels.<\/p>\n<p>\u201cFor certain troubled industries and firms that are in transitioning,\u201d Omarova said in a video posted on social media by the American Accountability Foundation (AAF). \u201cAnd here what I\u2019m thinking about is primarily coal industry and oil and gas industry.\u201d<\/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>\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 she said.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"10\">\n<p lang=\"en\" dir=\"ltr\">Biden nominee Saule Omarova saying the quiet part out loud. On the oil, coal and gas industries:<\/p>\n<p>&#8220;We want them to go bankrupt if we want to tackle climate change.&#8221; <a href=\"https:\/\/t.co\/luMR2HEMK9\">pic.twitter.com\/luMR2HEMK9<\/a><\/p>\n<p>\u2014 BidenNoms, A Project of AAF (@bidennoms) <a href=\"https:\/\/twitter.com\/bidennoms\/status\/1458180110872457216?ref_src=twsrc%5Etfw\">November 9, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u201cZealots like Saule Omarova and the climate radical crowd have the failing Biden administration in their pocket as they irresponsibly call to bankrupt the fossil fuel industry that drives nearly our entire economy,\u201d Tom Jones, founder of AAF, told Breitbart News. \u201cAn appointed official and policy so dangerously misinformed would destroy American energy jobs and stifle innovation.\u201d<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>As Breitbart News <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/09\/biden-banking-nominee-would-have-most-p%5B\u2026%5Dul-least-accountable-position-over-cryptocurrencies-banking\/\">reported<\/a>, if Omarova is approved, she would have the \u201cmost powerful, least accountable\u201d position over cryptocurrencies and the banking industry:<\/p>\n<p>\u201cIt really is the most powerful, least accountable job in the government,\u201d a former senior government official told Breitbart News.<\/p>\n<p>Breitbart News reported:<\/p>\n<blockquote readability=\"21\">\n<p>Although the OCC is a part of the Treasury Department, it is an independent branch of the Treasury Department that can operate with wide autonomy. Since the position operates for five years, Omarova, if confirmed, could serve in the position beyond a one-term Biden presidency.<\/p>\n<p>Sen. Pat Toomey (R-PA), the ranking member of the Senate Banking Committee, has asked Omarova to provide the committee a copy of her thesis,&nbsp;\u201cKarl Marx\u2019s Economic Analysis and the Theory of Revolution in<i> The Capital.<\/i>\u201d<\/p>\n<p>Omarova has not provided a copy of her 1989 Moscow State University thesis to the Banking Committee.<\/p>\n<\/blockquote>\n<p>Toomey said in a statement:<\/p>\n<blockquote readability=\"12\">\n<p>All nominees within the Committee\u2019s jurisdiction are required to provide their writings, articles, and papers. Unfortunately, Professor Omarova appears to believe she is exempt from these rules. In order for lawmakers to fully and fairly consider Professor Omarova\u2019s nomination to serve as our nation\u2019s top banking regulator, we need a complete picture of her policy positions. The fact that she recently deleted references to her thesis begs the question: what is she hiding?<\/p>\n<\/blockquote>\n<p>In another of Omarova\u2019s writings, \u201cThe People\u2019s Ledger How to Democratize Money and Finance the Economy\u201d she called for eliminating all community banks and to transfer all bank deposits to \u201cFedAccounts\u201d at the Federal Reserve.<\/p>\n<p>\u201cThe Democratic Party over the last couple of administrations, they want the government to essentially take over a lot of financial functions from banks,\u201d the former senior government official said.<\/p>\n<p>During a Senate Banking Committee hearing in September, Omarova <a href=\"https:\/\/www.banking.senate.gov\/imo\/media\/doc\/Omarova%20Testimony%20and%20Appendix%209-18-18.pdf\">said<\/a>,&nbsp;\u201cDemocratizing finance\u2026 is an inherently political exercise,\u201d and we can only achieve that goal \u201cthrough a coherent and comprehensive program of [government] reforms.\u201d<\/p>\n<p><i>Follow Penny Starr on <\/i><a href=\"https:\/\/twitter.com\/PennyStarrDC\"><i>Twitter<\/i><\/a><i> or send news tips to pstarr@breitbart.com.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saule Omarova, the Cornell law professor whom President Joe Biden nominated to be the Comptroller of Currency, has already created controversy over her writings about Marxism and her expressed hostility &#8230;<\/p>\n","protected":false},"author":18,"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-996144","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\/996144","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\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=996144"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/996144\/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=996144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=996144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=996144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}