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Biden Treasury Nominee Saule Omarova wants to “bankrupt” energy companies

President Joe Biden has nominated Saule Omarova to lead the Office of the Comptroller of the Currency in the Department of the Treasury. That move is making headlines thanks to Omarova’s prior comments on bankrupting energy companies.

“For example for certain troubled industries and firms that are in transitioning,” Omarova said, “here, what I’m thinking about is primarily the coal industry and oil and gas industry. A lot of the smaller players in that industry are going to probably go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change.”

In a statement to Fox News, AAF founder Tom Jones said: “Calling to bankrupt the fossil fuel industry that drives nearly our entire economy is dangerously misinformed. Yet the Biden administration is nominating zealots like Saule Omarova to serve in our government as they attempt to destroy American energy jobs and stifle innovation.”

Omarova was also a member of a Marxist Facebook group as late as 2019. According to the Washington Times, in a tweet in 2019, Omarova offered praise for the former Soviet Union, saying: “Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.’”

The Fox News article can be read here, while the Washington Times article can accessed here.