Posts filtered by tags: Saule Omarova[x]


 

Centrist Dems Sink Biden's Nominee for Top Bank Regulator

Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position. Axios: The defiant opposition from a broad coalition of senators reflects the real policy concerns they had with Omarova, a Cornell University law professor who's attracted controversy for her academic writings about hemming in big banks. Their opposition also hints at a willingness ...
Tags: White House, Tech, Biden, Cornell University, Senate Banking Committee, Sen Sherrod Brown D Ohio, Office of the Comptroller, Kyrsten Sinema D Ariz, Saule Omarova, Omarova, Nominee for Top Bank Regulator, Sens Jon Tester D Mont Mark Warner D Va, Sens John Hickenlooper D Colo, Mark Kelly D Ariz Read


Roasted on The Hill, Biden’s Nominee for Top Bank Regulator Cries Foul

OCC nominee Saule Omarova accuses critics of taking her controversial views — like 'ending banking' — out of context. The post Roasted on The Hill, Biden’s Nominee for Top Bank Regulator Cries Foul appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Finance, Biden, OCC, Strategic Planning, Culture & Leadership, Hill Biden, Featured Content, Saule Omarova, Nominee for Top Bank Regulator Cries Foul


Senator grills a Biden nominee on her Soviet upbringing

During the contentious senate confirmation hearing of Cornell Law Professor Saule Omarova, GOP Sen. John Kennedy questioned her membership in a youth organization in her native Kazakhstan.
Tags: News, Stories, Biden, Cornell, John Kennedy, Saule Omarova


GOP senator says Biden's 'radical' Treasury pick could 'turn banking into... the DMV'

Sen. Bill Hagerty, R-Tenn., expressed his "shock" Thursday that the upper chamber is being asked to consider Biden's "radical" nominee for Comptroller of the Currency, Saule Omarova. #nominee #tenn #sauleomarova #billhagerty #dmv
Tags: Gop, DMV, Treasury, Biden, Saule Omarova, Sen Bill Hagerty R Tenn


GOP Revives McCarthyism While Grilling Biden’s Pick For Bank Regulator

Senate Republicans suggested on Thursday that a Soviet-trained communist was about to take over a key office in the country’s banking regulation infrastructure. [Author: Josh Kovensky]
Tags: News, Congress, Senate, Russia, Banking, John Kennedy, Josh Kovensky, Saule Omarova


Warren accuses GOP senator of 'Red Scare tactics' after he suggests Biden nominee is a communist because of where she was born

Sen. Elizabeth Warren (D-MA) speaks during a Senate Armed Services Committee hearing on September 28, 2021.Patrick Semansky-Pool/Getty Images Warren blasted Kennedy after he suggested Biden's nominee for comptroller of the currency, Saule Omarova, is a communist. Omarova was born in Kazakhstan during the Soviet era, but came to the US in 1991 and is a citizen. "Sexism, racism, pages straight out of Joe McCarthy's 1950s Red Scare tactics," Warren said in response to Kennedy. Democratic...
Tags: Politics, Washington, Senate, Elizabeth Warren, US, Trends, Joe Biden, Pennsylvania, Gop, Communism, Warren, Npr, Kazakhstan, Louisiana, Biden, Donald Trump


Biden's pick Omarova walks back past controversial statements, claims they were merely academic proposals

President Biden's nominee to be the Comptroller of the Currency, Saule Omarova, found herself clarifying or walking back a number of past statements on Thursday. #omarova
Tags: Biden, Saule Omarova, Omarova


GOP senators slam Biden pick for top Treasury post at confirmation hearing

Saule Omarova, nominated by Biden to be comptroller of the currency in September, has come under fire for past writings that advocated for ending banking “as we know it.” #confirmationhearing #sauleomarova #comptrolle
Tags: Gop, Treasury, Biden, Saule Omarova


GOP Paints Biden's Choice for Bank Regulator as Radical

President Joe Biden’s choice to run one of the agencies charged with overseeing the banking industry faced sharp questioning Thursday from Republican Senators, who tried to label Saule Omarova as someone who would nationalize the U.S. banking system.
Tags: Joe Biden, Saule Omarova, GOP Paints Biden s Choice for Bank Regulator


"The White House strongly supports this historic nomination"/"Since this historic and eminently qualified nominee...."

Oh, how I loathe this overuse of "historic"!The quotes are from a spokesperson for the White House and a spokesperson from Senate Banking Committee Chairman Sherrod Brown, from "Police report reveals striking details about Biden nom Saule Omarova's 'retail theft' arrest/Omarova admitted to stealing $214 worth of items from T.J. Maxx in the police report" (Fox News).I don't know what's supposed to be striking about the details. That the items were 4 pairs of shoes, 2 bottles of cologne, 2 belts a...
Tags: Law, White House, Wisconsin, Fox News, Npr, Kazakhstan, Biden, Soviet Union, Sherrod Brown, J Maxx, Moscow State University, Senate Banking Committee, Cornell Law School, Ann Althouse, Saule Omarova, Omarova


McCarthyist accusations deployed against law professor in Confirmation hearing (Michael Simkovic)

Cornell Law School professor (and former Davis Polk financial institutions group lawyer) Saule Omarova, was nominated by President Biden to head the Office of Comptroller... [Author: Michael Simkovic]
Tags: Law, Biden, Davis Polk, Cornell Law School, Michael Simkovic, Saule Omarova, Office of Comptroller


Republicans set to grill Biden banking nominee Saule Omarova in key hearing, with moderate Dems on the fence

Senate Republicans aim to block Saule Omarova's nomination to be comptroller of the currency. #comptroller #sauleomarova
Tags: Senate, Biden, Saule Omarova


Biden's Nominee for Bank Regulator Faces Hostile Opposition

President Joe Biden nominated Saule Omarova to be the nation’s next comptroller of the currency in September.
Tags: Joe Biden, Biden, Saule Omarova, Bank Regulator Faces Hostile Opposition


White House Sends Top Bank Regulator Nominee to Senate

By Pete SchroederWASHINGTON (Reuters) - The White House announced on Tuesday it had officially sent the nomination of Saule Omarova to lead the...
Tags: Senate, White House, Saule Omarova, Pete SchroederWASHINGTON Reuters The, White House Sends Top Bank Regulator Nominee




Biden’s New Regulatory Pick Would Rip Entire U.S. Banking System Apart

President's nominee for Comptroller of the Currency comes with a stack of opinions on the future of financial services, some quite startling. The post Biden’s New Regulatory Pick Would Rip Entire U.S. Banking System Apart appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Washington, Finance, Spotlight, Regulation, Biden, Fintech, OCC, Featured Content, Saule Omarova


Biden’s New Regulatory Pick Favors Re-Booting U.S. Banking System

President's nominee for Comptroller of the Currency comes with a stack of opinions on the future of financial services, some quite startling. The post Biden’s New Regulatory Pick Favors Re-Booting U.S. Banking System appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Washington, Finance, Regulation, Biden, Fintech, OCC, Featured Content, Saule Omarova


10 things before the opening bell

The Rich Dad Channel/YouTube Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get into it.1. The Evergrande saga continues to rattle markets, knocking global stocks. Bond yields meanwhile are heading higher, as investors reassess the rate outlook. Here's what's been happening today.2. Robert Kiyosaki expects the Evergrande crisis to batte...
Tags: Elon Musk, Amc, US, Trends, Tesla, Dallas, Biden, Smith, Richard Smith, Wood, Jpmorgan, Robert Kiyosaki, Evergrande, Jerome Powell, Boston Fed, Fed Chair


Biden to Nominate Big-Bank Critic Omarova to Head OCC -White House

WASHINGTON (Reuters) - U.S. President Joe Biden plans to nominate Cornell University law professor Saule Omarova, who has criticized...
Tags: Washington, Joe Biden, Biden, Cornell University, Reuters U S, Saule Omarova, Omarova, Nominate Big Bank, OCC White House


Biden reportedly is set to nominate a law professor critical of crypto and big banks to run the OCC

The White House. Ken Cedeno/Reuters President Joe Biden is set to nominate Cornell University law professor Saule Omarova to head the Office of the Comptroller of the Currency, according to a Bloomberg report. The banking law professor has been a critic of cryptocurrencies and envisions a larger role for the government in overseeing banks. Omarova needs Senate confirmation to serve a five-year term. See more stories on Insider's business page. President Joe Biden is preparing to nomin...
Tags: Senate, Trends, Markets, Bank Of America, Bloomberg, Joe Biden, Treasury, The New York Times, Kazakhstan, Federal Reserve, Biden, George W Bush, Cornell University, Cryptocurrency, Fed, Treasury Department


Biden to Tap Big-Bank Critic Omarova to Head OCC - Bloomberg News

(Reuters) - U.S. President Joe Biden plans to nominate Saule Omarova, a law professor who has criticized cryptocurrencies and advocated for the...
Tags: Joe Biden, Biden, Reuters U S, Saule Omarova, Omarova, Tap Big Bank, OCC Bloomberg News


America's crumbling infrastructure has become a global laughingstock. A new government agency could fix it - here's how.

A worker pulls on a floating solar array that feeds into the power supply of a water treatment plant in Colorado. AAron Ontiveroz/The Denver Post/Getty Images Paul Constant is a writer at Civic Ventures and a frequent cohost of the "Pitchfork Economics" podcast with Nick Hanauer and David Goldstein. In the latest episode, Hanauer and guest host Jessyn Farrell spoke with Cornell law professor Saule Omarova about economic innovation in the US. Omarova is a proponent of a new, 21st-century ve...
Tags: Asia, Europe, Colorado, China, US, America, West Virginia, Trends, United States, Michigan, Al Jazeera, Cornell, NIA, Beth, Nick Hanauer, Cornell Law School