Top Biden Treasury Nominee Wanted Oil And Gas Companies To Go Bankrupt

Video has emerged of President Joe Biden’s nominee to lead the Office of the Comptroller of the Currency, Saule Omarova, saying she wants oil and gas companies to go ‘bankrupt.’

‘We want them to go bankrupt if we want to tackle climate change, right?’ the Soviet-born Omarova said in a clip that was shared online by the conservative-leaning American Accountability Foundation.

Biden nominee Saule Omarova saying the quiet part out loud. On the oil, coal and gas industries:

"We want them to go bankrupt if we want to tackle climate change." pic.twitter.com/luMR2HEMK9

— BidenNoms, A Project of AAF (@bidennoms) November 9, 2021

She made the comments in February when appearing at the Jain Family Institute’s Social Wealth Seminar, where she was making the case for a National Investment Authority, which would pull resources from the Treasury Department and the Federal Reserve to allocate public and private capital for green infrastructure projects.

The resurfaced clip could hinder Omarova’s ability to get all 50 Democrats to support her nomination, as every Republican is expected to vote against the Cornell University law professor.

Axios reported Sunday that at least three Senate Democrats have aired concerns about her nomination – moderate Sens. Jon Tester of Montana, Kyrsten Sinema of Arizona and Joe Manchin of West Virginia.

Manchin, in particular, has not been supportive in the past of comments made about the demise of the fossil fuel industry, looking out for West Virginia’s coal industry.

The Senate Banking Committee’s ranking member, Pennsylvania Sen. Pat Toomey, told Axios, ‘Republicans will overwhelmingly oppose this self-described radical.’

Last month, Toomey demanded she turn over a copy of her university thesis – in both English and the original Russian – for review by the committee as it discusses Marxism and revolution.

DailyMail.com reported that a top Russian university destroyed its only copy of Omarova’s thesis on Marxism.

Republicans on the Senate Banking Committee expressed outrage that Omarova refused to turn over her Moscow State University dissertation.

And DailyMail.com has been told that there is no longer a copy in the institution’s archives.

‘It was destroyed long ago,’ said a university official.

‘We do not have a copy.’

Moscow State University only keeps such works for five years, said the official.

It was titled: ‘Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital’.

But she ignored a deadline he set, and appears unlikely to hand it over.

It is assumed she has her own copy of the thesis even if her old university no longer possesses one.

‘Ms. Omarova has time to attack Republicans in an interview with the Financial Times, but she can’t be bothered to comply with a Banking Committee requirement that nominees – regardless of their political party or ideology – submit copies of their writings,’ said Am… (Read more)