From WSJopinion: Biden’s nominee for Comptroller of the Currency admires the Soviet economic system and thinks the Fed should “effectively ‘end banking,’ as we know it”
President Biden checked off another progressive identity box last week by nominating Saule Omarova as Comptroller of the Currency. Some Trump appointees were ridiculed for having supported the elimination of their agencies. Ms. Omarova wants to eliminate the banks she’s being appointed to regulate.
The Cornell University law school professor’s radical ideas might make even Bernie Sanders blush. She graduated from Moscow State University in 1989 on the Lenin Personal Academic Scholarship. Thirty years later, she still believes the Soviet economic system was superior, and that U.S. banking should be remade in the Gosbank’s image.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joan Collins takes swipe at Kardashians in blow to friend Kris JennerThe acting legend says she is close friends with Kris and 'doesn’t want to be rude about her children' – but has shared her opinion about the reality stars' love of surgery
Read more »
L.A. cops, get vaccinated or keep losing the public's trustThere's an outpouring of anger among Times readers over cops and firefighters refusing vaccination, plus more from the week in Opinion.
Read more »
Japan deserves better than an inoffensive prime ministerKishida Fumio won by looking as if he won’t rock the boat. But it needs rocking | Leaders
Read more »
China’s Power Shortfalls Begin to Ripple Around the WorldWidespread power shortfalls have hurt the recovery of the world’s second-largest economy and add to a global energy squeeze that risks upsetting the post-pandemic recovery.
Read more »
Stocks rebound but still close out worst week since winterWall Street rebounded on Friday, led by companies that would benefit most from a healthier economy, but not by enough to keep the stock market from its worst week since the winter.
Read more »
Opinion | I Changed My Mind—Facebook Is a MonopolyFrom WSJopinion: I thought it was possible to compete fairly against the world’s largest social media company. It isn’t, writes MeWe founder markweinstein
Read more »