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Five Democrats buck party lines, oppose Biden banking pick

WashingtonExaminer
WashingtonExaminer
 2021-11-25

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F ive Democratic lawmakers have bucked party lines and come out in opposition to President Joe Biden 's nominee for the top banking official.

Arizona Sens. Kyrsten Sinema and Mark Kelly, Montana Sen. Jon Tester, Virginia Sen. Mark Warner, and Colorado Sen. John Hickenlooper have come out against Saule Omarova , according to Axios . Omarova, a Cornell Law School professor, drew attention after a clip surfaced of her saying oil, coal, and gas companies need to "go bankrupt if we want to tackle climate change."

Tester has said he has "some significant concerns about positions" Omarova has taken regarding the financial system banking regulations, as well as on positions about legislation related to the Office of the Comptroller of the Currency.

BIDEN PICK TO OVERSEE BANKS SAID FINANCE 'IS A QUINTESSENTIAL A**HOLE INDUSTRY'

The Montana Democrat has explained that his concerns about Omarova stem from her opposition to the Economic Growth, Regulatory Relief, and Consumer Protection Act, legislation passed in 2018 that he helped navigate through Congress.

Warner, who supported the legislation, informed Omarova during her confirmation hearing on Thursday that he was "pretty disappointed" in her views.

"Saule Omarova is eminently qualified for this position," a White House spokesperson said. "She has been treated unfairly since her nomination with unacceptable red-baiting from Republicans like it's the McCarthy era."

Republicans have strongly opposed Omarova for her positions, accusing her of wanting to tear apart the banking industry.

"The White House continues to strongly support her historic nomination," the spokesperson said.

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Sen. Elizabeth Warren, a Massachusetts Democrat, has supported Omarova as Biden's pick, saying she is an "excellent choice" who will "oversee and regulate the activities of our nation's largest banks."

The Washington Examiner reached out to Sinema, Warner, Tester, Hickenlooper, and Kelly for a statement but did not receive responses.

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Comments / 80

Richard Clark
11-26

Obama told an interviewer he could get away with a third term vicariously from behind the scenes. this interview was towards the end of Trump's Presidency. Where is Obama folks ? HE IS BEHIND THE SCENES !!! Joe worked under Biden for eight years and NOTHING has changed. I am not a conspiracy theorist, I just happen to have a good memory OBAMA SAID HE WAS GOING TO DO THIS ON NATIONAL TV. If you saw that interview please comment that you saw it.

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Guest
11-27

She is a communist. I watched her being interviewed in the senate. Democraps always dancing around the truth whenever being asked or questioned about something...still can’t give a yes or no answer. This goes for all these democraps🤮🤮🤮. But of coarse, these are all obiden’s choosing😈😈😈

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happiblnde
11-25

Good! She is a threat to every American with a bank account. Why would they have even nominated her?

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