Biden’s pick to lead OCC resists turning over thesis on Marxism to Senate Banking panel: Report

In a move that some are labeling treasonous, the woman nominated by President Joe Biden to lead the Office of the Comptroller of the Currency (OCC) has failed to turn over a thesis she wrote on the topic of Marxism to the Senate Banking Committee as they weigh her confirmation.

According to the Daily Caller, the thesis, titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” was written while Saule Omarova was living in the Soviet Union, where she grew up.

But it’s since been “scrubbed” from her resume, the Daily Caller notes, and now, Republicans in Congress’ upper chamber want answers.

“What’s shocking to me”

Of course, Omarova hasn’t exactly been forthcoming with them. The Daily Caller reports that she effectively ignored a letter sent earlier this month by GOP Sen. Pat Toomey of Pennsylvania asking for a copy of the essay.

“Given that your thesis was written while you were a student at Moscow State University in the late 1980s, I assume that it was written in Russian and will require translation,” Toomey wrote in his Oct. 5 letter to Omarova, adding:

To ensure there is adequate time for translation and review by lawmakers, my Committee staff reached out to both you and staff at the Office of the Comptroller of the Currency (OCC) requesting a copy last month. Unfortunately, we have not received any assurances that the Committee would receive a copy of the paper in a timely fashion.

Toomey said that access to such documents is necessary to “fully assess the fitness of individuals to serve in Senate-confirmed executive and independent agency positions.”

According to the Daily Caller, he later claimed he’d never “seen a more radical choice for any regulatory spot in our federal government” than Biden’s latest pick.

“What’s shocking to me is the notion that a person nominated for a very high position in our government shouldn’t be accountable for the things they have advocated for in writing themselves,” the Republican said in a recent committee hearing, according to the Daily Caller.

“What I’m concerned about”

Speaking earlier this month with Fox Business, Toomey doubled down on his stance, wondering how “anyone” could “process” the idea of a White House appointee “favorably comparing the old Soviet Union to the United States of America,” as he claimed Omarova has done.

“The Soviet regime was so profoundly evil, and America’s so great, and yet, she doesn’t appear to see it quite that way,” Toomey said, according to Fox Business. “What I’m concerned about is, what are her views now? What are the policies that she’s advocating now? And they’re very disturbing.”

Biden first announced that he’d be tapping Omarova for the role of OCC chief back in late September, as The Hill reported. Weeks later, Republicans like Toomey are hoping their warnings against her are heeded by their colleagues in the Democratic Party.

“Frankly, I would hope there would be significant Democrat opposition to someone who is so hostile to free enterprise, so hostile to the idea of private banking, for instance,” Toomey told Fox Business. Only time will tell.

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