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Report: Biden’s Radical Banking Nominee Faces Impossible Odds After Democratic Senators Turn on Her

Western Journal

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President Joe Biden’s nominee to head a key Treasury Department agency overseeing the nation’s banks appears to be about to go down in flames.

Axios reported three Democratic senators who serve on the Banking Committee — Kyrsten Sinema of Arizona, Jon Tester of Montana and Mark Warner of Virginia — told chairman Sen. Sherrod Brown of Ohio on a Wednesday call they oppose Saule Omarova’s appointment to head the Office of the Comptroller of the Currency.

Sens. John Hickenlooper of Colorado and Mark Kelly of Arizona also oppose the nomination, according to Axios.

The Office of the Comptroller of the Currency oversees nearly 1,200 national banks and related institutions that together are responsible for approximately 70 percent of the banking activity in the country, according to the agency’s website.

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The comptroller also serves as a director of the Federal Deposit Insurance Corporation.

Omarova received some tough questioning during her confirmation hearing last week on her stated views about fundamentally transforming the banking industry and bankrupting the fossil-fuel industries.

The New York Post reported Omarova is a Cornell University law professor who was raised in the former Soviet Union and has advocated for an end to banking “as we know it” by moving Americans’ finances from private banks to the Federal Reserve.

This was a position she advocated in an October law review article, saying the new system created by the move would be known as “the People’s Ledger.”

First, it should be noted that many of the communist nations back in the day were “the People’s” this or that. In our own time, we have the “People’s Republic of China” and the “Democratic People’s Republic of Korea.”

Next, what could possibly go wrong with moving everybody’s bank accounts to the federal ledger, especially with the nation running multi-trillion deficits?

And why wouldn’t we want the feds to know and ultimately be able to control every financial transaction we as individuals and businesses make?

Thank God at least some Democratic senators seem to have some sanity left.

We would never want to cede that kind of control over the economy and our daily lives to the federal government.

Omarova, who attended Moscow State University and immigrated to the U.S. in 1991, denied she is a communist in a back-and-forth with Republican Banking Committee member Sen. John Kennedy of Louisiana.

“I don’t mean any disrespect. I don’t know whether to call you professor or comrade,” Kennedy said.

“I’m not a communist. I do not subscribe to that ideology. I could not choose where I was born,” answered Omarova, who is a native of Kazakhstan.

She added that her “family suffered under the communist regime” and the law professor is now “proud to be an American.”

Besides her desire to radically change how the American people bank, she also wants to tank the oil and coal industries.

While speaking to a “Social Wealth Seminar” in March at the Jain Family Institute, Omarova described them as “troubled.”

“We want them to go bankrupt if we want to tackle climate change,” she said.

Tester pressed Omarova on her desire to bankrupt oil companies.

“I do not intend to advocate that kind of position,” she said, according to the Post, adding she misspoke.

“That particular statement about oil and gas companies going bankrupt, as I said, that was taken out of context and I actually misspoke, it was not well framed. My intention was actually to say, exactly the opposite, that we need to help those companies to get restructured.”

So they can stay in business, as long as they no longer produce oil or coal. That’s a much better response … Not!

There is no way the country can quickly transition to an all-green energy economy. Trying to do so will result in a lot of unnecessary hardship.

Sen. Pat Toomey of Pennsylvania, the top Republican member on the Banking Committee, summarized the danger of Omarova’s views, saying he’s “never seen a more radical nominee.”

“Taken in their totality, her ideas do amount to a socialist manifesto for American financial services,” he said.

“She wants to nationalize the banking system, put in place price controls, create a command and control economy where the government allocates resources explicitly, instead of free men and women making their own decisions about the goods and services they want to buy and sell in an open market,” Toomey continued.

“These are exactly the kind of socialist ideas that have failed everywhere in the world they’ve been tried.”

Toomey nailed it.

Omarova’s nomination needs to go down in defeat, and it looks like that’s about to happen.

This article appeared originally on The Western Journal.

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Americans Unleash on Biden After Encountering Bare Shelves at Grocery Stores Across Country

Western Journal

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President Joe Biden’s supply chain crisis has been raging for some time, and it is now wreaking havoc on Americans trying to live their everyday lives.

According to Fox News, a growing number of Americans are experiencing massive shortages at their local grocery stores, and they are directing their ire at Biden because of it.

Many Twitter users began using the hashtag #BareShelvesBiden to showcase the precarious situations at their local stores.

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Some users told stories of the lengths they had to go to in order to find seemingly basic food items.

“This was the 2nd store we went to looking for bagels,” one user said. “Found the bagels but zero — ZERO — plain cream cheese. If you want Kraft parmesan cheese or Top Ramen, you’re pretty much out of luck.”

Even CNBC senior White House correspondent Kayla Tausche compared the situation to the apocalypse, which is surprising coming from an employee of a leftist establishment media outlet.

Atlanta Mayor Keisha Lance Bottoms noticed the problem too, albeit only through the third party she hired to shop for her. She suggested that the supply shortages were a localized issue.

Some commenters felt Bottoms was trying to insinuate that southwest Atlanta was having problems because it is a lower-income area. If that was her intention, residents from other portions of Atlanta and surrounding areas quickly rebutted the claim.

By the looks of it, Biden’s supply chain crisis is affecting almost everyone, regardless of income or political affiliation.

As a general rule, it is not a good development for a president when his failures start to greatly affect the lives of everyday Americans.

Will supply chain issues hurt Democrats in the midterm elections?

While many less politically inclined citizens may be willing to overlook foreign policy issues or government spending excesses, they are much less likely to ignore their own inability to buy the food they want.

In a time where Biden’s approval is tanking and Democrats are panicking about the upcoming midterm elections, empty grocery store shelves are just another point in a long list of problems for the Biden administration.

This article appeared originally on The Western Journal.

President Joe Biden’s supply chain crisis has been raging for some time, and it is now wreaking havoc on Americans trying to live their everyday lives. According to Fox News, a growing number of Americans are experiencing massive shortages at their local grocery stores, and they are directing their ire at Biden because of it. Many Twitter users began using the hashtag #BareShelvesBiden to showcase the precarious situations at their local stores. Thanks #BareShelvesBiden pic.twitter.com/sEPBCoeIDc — NRCC (@NRCC) January 10, 2022 More #BareShelvesBiden https://t.co/opm0zSOgwh — Hodgetwins (@hodgetwins) January 9, 2022 #BareShelvesBiden in dark blue Oakton, Virginia pic.twitter.com/JM4bXL7CDn — Curtis Houck (@CurtisHouck) January 10, 2022 Some users told stories of the lengths they had to go to in order to find seemingly basic food items. “This was the 2nd store we went to looking for bagels,” one user said. “Found the bagels but zero — ZERO — plain cream cheese. If you want Kraft parmesan cheese or Top Ramen, you’re pretty much out of luck.” #BareShelvesBiden at Stater Bros in Simi Valley, CA. This was the 2nd store we went to looking for bagels. Found the bagels but zero – ZERO – plain cream cheese. If you want Kraft parmesan cheese or Top Ramen, you’re pretty much out of luck. pic.twitter.com/qS7Lx8gRMa — Jennifer Van Laar (@jenvanlaar) January 9, 2022 Even CNBC senior White House correspondent Kayla Tausche compared the situation to the apocalypse, which is surprising coming from an employee of a leftist establishment media outlet. Apocalypse now pic.twitter.com/j48ALuYtoQ — Kayla Tausche (@kaylatausche) January 9, 2022 Atlanta Mayor Keisha Lance Bottoms noticed the problem too, albeit only through the third party she hired to shop for her. She suggested that the supply shortages were a localized issue. I’ve received 8 messages & counting from my very polite @Instacart shopper over the…

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Soros-Backed Prosecutor Marilyn Mosby Indicted on 4 Federal Charges

Western Journal

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immigration

On Thursday, a federal grand jury chose to indict Baltimore’s top prosecutor on four counts.

Baltimore State’s Attorney Marilyn Mosby now faces charges of perjury and “making false mortgage applications in the purchase of two Florida vacation homes,” the Office of the U.S. Attorney for the District of Maryland told The Associated Press.

The charges are related to Mosby’s alleged lies about “meeting qualifications for coronavirus-related distributions from a city retirement plan in 2020.”

Prosecutors say Mosby lied on multiple mortgage application forms when she attempted to buy homes in Kissimmee, Florida, and Long Boat Key, Florida.

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Mosby first entered the spotlight in 2015 during the infamous Baltimore riots following the death of Freddie Gray.

The openly progressive prosecutor pursued charges against the six police officers involved in Gray’s death.

In the end, none of the officers were convicted.

Mosby has long been criticized for her progressive approach.

Under her tenure in Baltimore, which began in 2015, the number of murders, rapes, aggravated assaults, burglaries and robberies all rose, according to an Oct. 27, 2020, report from The Heritage Foundation.

Most recently, Mosby faced criticism in November for defending Joseph Rosenbaum, the convicted sex offender who was shot while allegedly attempting to murder Kyle Rittenhouse during the Kenosha, Wisconsin, racial justice riots of 2020.

This most recent federal indictment comes months after a federal investigation into her affairs was first announced.

Both Mosby and her husband Nick Mosby, the president of the Baltimore City Council, faced various accusations in March of 2021 related to their alleged illicit use of campaign funds.

The duo was purportedly using campaign funds to pay off personal legal fees and travel expenses.

A federal probe was issued into their financial dealings at the time.

The accusations and alleged discrepancies did not stop at the campaign funds, however.

An additional federal subpoena had been issued to two churches in order to investigate whether Nick Mosby had been making financial contributions to either institution.

Both Mosbys were reportedly issued a lien by the IRS following three full years of unpaid taxes on their property. It is unknown if that lien was paid.

The two perjury counts carry a maximum sentence of five years in prison and the two mortgage-related offenses could carry with them a maximum of 30 years in prison each, according to the AP.

This article appeared originally on The Western Journal.

On Thursday, a federal grand jury chose to indict Baltimore’s top prosecutor on four counts. Baltimore State’s Attorney Marilyn Mosby now faces charges of perjury and “making false mortgage applications in the purchase of two Florida vacation homes,” the Office of the U.S. Attorney for the District of Maryland told The Associated Press. The charges are related to Mosby’s alleged lies about “meeting qualifications for coronavirus-related distributions from a city retirement plan in 2020.” Prosecutors say Mosby lied on multiple mortgage application forms when she attempted to buy homes in Kissimmee, Florida, and Long Boat Key, Florida. Mosby first entered the spotlight in 2015 during the infamous Baltimore riots following the death of Freddie Gray. The openly progressive prosecutor pursued charges against the six police officers involved in Gray’s death. In the end, none of the officers were convicted. Mosby has long been criticized for her progressive approach. Under her tenure in Baltimore, which began in 2015, the number of murders, rapes, aggravated assaults, burglaries and robberies all rose, according to an Oct. 27, 2020, report from The Heritage Foundation. Most recently, Mosby faced criticism in November for defending Joseph Rosenbaum, the convicted sex offender who was shot while allegedly attempting to murder Kyle Rittenhouse during the Kenosha, Wisconsin, racial justice riots of 2020. This most recent federal indictment comes months after a federal investigation into her affairs was first announced. Both Mosby and her husband Nick Mosby, the president of the Baltimore City Council, faced various accusations in March of 2021 related to their alleged illicit use of campaign funds. The duo was purportedly using campaign funds to pay off personal legal fees and travel expenses. A federal probe was issued into their financial dealings at the time. The accusations and alleged discrepancies did not stop at the campaign…

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