This nomination goes hand and hand with the Executive Order that was signed last Friday by O' Biden which I shared with
Unchainedpreppers subscribers titled,
Biden's Newest EO - A ROADMAP TO BUILD A CLIMATE-RESILIENT ECONOMY.
On September 23, 2021, President Joseph Biden announced his intention to nominate Professor Saule Omarova of Cornell Law School to be the next Comptroller of the Currency. The Comptroller heads the Office of the Comptroller of the Currency (OCC), the Treasury bureau that supervises national banks and federal thrifts; the Comptroller is also an ex officio member of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC).
If confirmed by the Senate, Professor Omarova will have significant influence over regulatory policy, not only for banking institutions, but also for fintech companies that seek to enter the banking system via either a national bank or FDIC-insured industrial bank charter or that have bank partners.
Professor Omarova worked in the Bush Treasury Department and has published numerous articles on financial regulation. This Alert touches on the key themes of her academic writings and addresses how these themes could translate into regulatory priorities at the OCC and FDIC, and in view of the fact that President Biden will likely soon nominate a new Vice Chair for Supervision at the Board of Governors of the Federal Reserve System (Federal Reserve). - Gibson Dunn
Omarova said, "Until I came to the US, I couldn't imagine that things like gender pay gap still existed in today's world. Say what you will about old USSR, there was no gender pay gap there. Market doesn't always "know best," she tweeted in 2019. After Twitter users criticized her ignorance, she added a caveat: "I never claimed women and men were treated absolutely equally in every facet of Soviet life. But people's salaries were set (by the state) in a gender-blind manner. And all women got very generous maternity benefits. Both things are still a pipe dream in our society!" - Wall Street Journal
Bottom-line, you change our banking system to a centralized bank, you fundementally change America.
Senate, do not approve this person to the post of Comptroller.
