{"id":349440,"date":"2021-10-07T08:05:14","date_gmt":"2021-10-07T05:05:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/senator-pressures-occ-nominee-over-missing-marxism-thesis-from-moscow-uni\/"},"modified":"2021-10-07T08:05:14","modified_gmt":"2021-10-07T05:05:14","slug":"senator-pressures-occ-nominee-over-missing-marxism-thesis-from-moscow-uni","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/senator-pressures-occ-nominee-over-missing-marxism-thesis-from-moscow-uni\/","title":{"rendered":"# Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni"},"content":{"rendered":"

“# Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni <\/strong>”
\n<\/p>\n

Pat Toomey, a Republican member of the U.S. Senate Banking Committee, is attempting to pressure the nominee to head the Office of the Comptroller of the Currency (OCC) into handing over her 1989 university honors thesis about Karl Marx.<\/p>\n

The Biden administration formally nominated Kazakh-born attorney Saule Omarova \u2014 who has been characterized by critics as both anti-bank and anti-crypto \u2014 to head the financial regulator on Sept. 29. In vague echoes of McCarthyism, Toomey believes the thesis may show that Omarova has sympathies toward Marxist views.<\/p>\n

While Omarova has lived in the US since 1991 and previously served as an advisor to George W. Bush, she previously attended Moscow State University during 1988 and 1989 on The Lenin Personal Academic Scholarship. <\/p>\n

In an open letter to Omarova published on Oct. 5, Toomey claimed<\/a> that she had deleted reference to her thesis \u201cKarl Marx\u2019s Economic Analysis and the Theory of Revolution in The Capital\u201d from her current resume with Cornell Law School, adding that the paper was featured on her resume in April 2017<\/a>. <\/p>\n

The archived resume indicates that the paper was written as part of Omarova\u2019s diploma with honors in philosophy. Toomey states he is requesting the document so that the Senate Committee on Banking, Housing, and Urban Affairs can \u201cfully assess the fitness of individuals to serve in Senate-confirmed executive and independent agency positions.\u201d<\/p>\n

He said committee staff had first requested the document from Omarova in September but, \u201cwe have not received any assurances that the Committee would receive a copy of the paper in a timely fashion.\u201d<\/p>\n

The Biden administration has received criticism over Omarova\u2019s nomination, with detractors pointing to her 2020 statements cheering for lawmakers to \u201ceffectively end banking as we know it.\u201d Omarova has also characterized cryptocurrency as a symptom of the existing \u201cdysfunctional financial system.\u201d<\/p>\n

However, Democrats have praised Biden\u2019s pick for the nomination, with Senator Elizabeth Warren describing<\/a> Omarova as \u201can excellent choice to oversee and regulate the activities of our nation’s largest banks.\u201d<\/p>\n

Speaking to the committee on Oct. 5, Toomey described<\/a> Omarova as an extreme \u201cradical\u201d whose recent policy prescript<\/a>ions have included state-directed pricing for wages and good, nationalizing the retail banking industry, and an overall \u201caversion to anything like free market capitalism.\u201d He continued:<\/p>\n

\u201cIn 2019, she tweeted, \u2018say what you will about the old USSR, there was no gender pay gap there. Market doesn\u2019t always know best […] Ms. Omarova clearly knows her views are far outside of the mainstream.” <\/p><\/blockquote>\n

Senator Ted Cruz also took aim at Omarova of the potential threat she may pose to crypto, tweeting<\/a>: \u201cNot only is Saule Omarova, Biden\u2019s pick to lead the OCC, a threat to our traditional economy, she also wants to regulate crypto into oblivion. Crypto faces future-defining government regulations. This nomination needs to be stopped.\u201d<\/p>\n