President Joe Biden's pick for the nation's top banking regulator, who received a scholarship named for Vladimir Lenin, scrubbed her résumé of a reference to a thesis she wrote on Karl Marx while a student at Moscow State University.
Saule Omarova, who Biden tapped to head the Office of the Comptroller of the Currency, listed a paper titled "Karl Marx's Economic Analysis and the Theory of Revolution in The Capital" on her résumé as recently as 2017.
Sen. Pat Toomey, the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, pressed Omarova about the discrepancy in a letter on Tuesday asking her to hand over a copy of her report.
Omarova, a professor at Cornell Law School, has already proved a controversial nominee.
She has said she wants to "End banking as we know it" by providing bank services through the Federal Reserve rather than private banks.
Toomey asked Omarova to provide a copy of the original thesis to the Senate banking committee by Oct. 13.
Omarova has received support from progressive lawmakers and special interest groups who support more regulation of the banking system.
Friday, October 8, 2021
Biden Banking Nominee Scrubs Karl Marx Paper From Résumé
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