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Biden Banking Nominee Faces Opposition From Sen. Pat Toomey (R-Pa.) Over Marxism Thesis

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Joe Biden’s nominee for comptroller is facing opposition because of works she’s penned, including a thesis on Marxism. Biden announced last month he was choosing Saule Omarova for the post of currency comptroller at the Treasury Department. The White House described Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk and structural trends in financial markets.” But the Cornell University law professor is facing renewed opposition from Sen. Pat Toomey (R-Pa.), who called on Wednesday for Omarova to provide a copy of her Russian-language thesis. The paper, titled “Karl Marx’s Economic Analysis…

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