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Biden’s Pick For Top Banking Regulator Refuses To Hand Over Thesis On Marxism

Saule Omarova, President Joe Biden’s nominee to head the Office of the Comptroller of the Currency (OCC), is refusing to hand over to the Senate Banking Committee her university thesis on Marxism written during her time in the Soviet Union.

Republican Sen. Pat Toomey, ranking member of the committee, had sent a letter to Omarova on Oct. 6 asking the Cornell Law School professor to hand over her Moscow State University thesis, titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” by Oct. 13, citing the committee’s need to “fully assess the fitness of individuals to serve in Senate-confirmed executive and independent agency positions.”

Omarova, who grew up in the Soviet Union, had scrubbed mention of the thesis from her resume, the Washington Free Beacon reported. She also praised the now-defunct socialist government for its lack of “gender pay gap” in 2019.

“What’s shocking to me is the notion that a person nominated for a very high position in our government shouldn’t be accountable for the things they have advocated for in writing themselves,” Toomey said during a committee hearing, adding that he had never “seen a more radical choice for any regulatory spot in our federal government.”

Omarova is a vocal critic of big banks and Wall Street orthodoxy, calling for a publicly-managed banking system overseen by the Federal Reserve and to end “banking as we know it.” She also opposes cryptocurrencies, calling instead for a central bank digital currency and praising China’s strict crypto regulatory regime.

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3 thoughts on “Biden’s Pick For Top Banking Regulator Refuses To Hand Over Thesis On Marxism”

  1. IIRC, read elsewhere (Powerline I think) that nominees are required to list, and perhaps submit, their published writings. The known existence of her thesis places it in this category. She may well have listed it on her CV in pursuit of other degrees and jobs. The Senator’s request was clear and specific. This Commie should be blocked for continued consideration just because of her failure to meet the requirements, even if her thesis was just a plagiarism of The Three Little Pigs.

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