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Surely someone in the Biden regime is trolling us all; nominating an unreformed communist as Comptroller of the Currency. Yet, this is neither an Onion nor a Babylon Bee story. Rather the Wall Street Journal editorial board cleared its collective throat to protest profusely. Still, trust but verify—too easy, the public record is clear and chilling. What is the Comptroller of the Currency, who is Saule Omarova, and why should you care? In short: a key position controlling our banking system, an immigrant from the former Soviet Union who believes the USSR centrally planned and controlled economy was better, fairer, more “democratic,” than the American economy, and the Democrats want to seize your checking and savings account.
I rolled my eyes until I read Omarova’s 2020 academic paper, a law review article, “The People’s Ledger: How to Democratize Money and Finance the Economy.” Yes, comrade the Democratic People’s Party choice for Comptroller of the Currency wants to seize your checking and savings account. How did we get here, and how did she get here?
The Comptroller of the Currency leads an office within the Treasury Department. The Office of the Comptroller of the Currency was created by Congress in 1863, during the American Civil War, for the purpose of overseeing the creation and operation of national banks and a national currency. Today, the OCC is closely connected with the operation of the largest banks in America.