As the news media Fox News, it is increasingly troublesome to nominate Saule Omarova as Director of the Office of the Auditor General of Currency Published a story Headlines of the 1995 misdemeanor arrest for retail theft in Wisconsin that was dismissed for a long time. (“The White House supports the nominee Saule Omarova, who was arrested for’retail theft’ in 1995”).
Although this story explains in detail that this accusation was dropped as part of Wisconsin’s first offense policy in 1996, and Omarova has remained honest and open about this incident throughout her career, the publication of this article It followed last week news that members of the Democratic Senate Banking Committee expressed reservations about Omarova’s two financial policy positions in the past.
It sidestepped the question of whether the Senate Banking Committee is now signaling to the White House that the entire agency is beginning to oppose the nomination.
Senator Ted Cruz’s Twitter account Reposted the story of Fox News, The question is, “Is it the best idea to let the person arrested for “retail theft” take charge of our bank?
Is it the best idea to let people arrested for “retail theft” take charge of our bank? https://t.co/fP7BRTAy4V
— Ted Cruz (@tedcruz) November 17, 2021
In recent weeks, anecdotal attacks on nominees have spread widely in the news. Omarova’s early education at Moscow University, her preference for Marxist theory, her impromptu comments on the expendability of small oil companies in pursuit of greater climate change benefits, and her personal character of more colorful members The playful observation of banking and finance. Everyone received news, social media, and memetic reports. The latest allusion to her arrest in 1995 proves that the sensational movement against Biden’s presidential candidate continues.
As the White House pointed out in its ongoing support for the nominee, Omalova is actually technically very suitable for the role. She is a leading scholar in the field of banking supervision and law. She has served in many government departments. She worked closely with the meme she ridiculed “a——-” to practice the law. Objectively speaking, her sincerity is comparable to other former currency supervisors who served the country.
But it is her policy stance on issues such as “changing the banking industry as we know it”, the transfer of demand deposit accounts (DDA) from private banking to the Federal Reserve, and her support for the National Investment Agency (NIA) concept will have Quan forces the direction of private investment in accordance with the Chinese Central Committee’s style of strategic investment. This is where Democrats and Republicans raise substantive questions about Omarova.A generation cover These were introduced in more detail last week, “Why Congress is troubled by Saule Omarova’s nomination.”
The DDA issue is particularly substantive, because Omarova, as the head of the OCC, will have a strong influence on the direction of the “core deposits” of the banks she will supervise. “A——-” It is not surprising that they are concerned about and lobbying all members of the Senate body on their case.
However, will these attempts to “bite the knee” on Omarova through the media reduce her chances of being nominated? Or does it authorize the White House to double the bet on the nominee to push her through a process of increasing contempt?
My instinct is that compared to the other more controversial social engineering nominations from the Biden team, this nomination is much less and more subtle. The Washington Ring Road is a Byzantine landscape, and “who grows what for what purpose” is usually well hidden in a tapestry. Dividing differences on the basis of political loyalty within the Senate Banking Committee has largely undermined the cohesion of like-minded issues that arise across parties.
What is clear through the message and the media’s willingness to participate in the sensational are two things.
First, both Democratic and Republican senators expressed concern about Omarova’s potential impact on banking policy and regulatory affairs if she was granted control of the OCC. Secondly, someone carried out defamation activities against her, which was obviously to conceal her qualifications.
Tactically speaking, these forces move things in the direction of destroying the nominee. The White House’s defense is to maintain her qualifications overwhelmingly worried. This is a defensive posture against siege. In politics, pure defense usually fails.
If Joe Biden really wants Solor Omarova to lead the OCC, he will have to address the reasonable concerns of the Senate Banking Committee members head-on. If he did, biting his knee would not make much sense for the decision.
Bigger things
It’s important to stay away from details. What is really controversial is whether the White House’s agenda to centralize federal control of the US economic and social institutions has been approved by the Senate. The government’s nomination adopts the model of jointly recommending candidates with central governance views. This has its limitations when entering the U.S. Congress, but it is distressing when entering the U.S. Senate. This is how the checks and balances designed by the Republic should work.
Like all political appointees, Omarova has been a pawn in the larger debate about government design and philosophy, no different from any other nominee proposed by this president or everyone before him.
