Republicans to Reveal Biden Banking Nominee's Radical Vision to Close Americans' Bank Accounts
Senate Banking Committee Republicans plan to highlight how Saule Omarova has written academic papers to nationalize banks.
www.breitbart.com
Senate Banking Committee Republicans plan to highlight how Saule Omarova, President Joe Biden’s Comptroller nominee, has written academic papers calling for the government to abolish private sector banking and put all bank accounts into the Federal Reserve.
During a March conference, Omarova discussed one of her papers, “The People’s Ledger How to Democratize Money and Finance the Economy,” in which she calls for the destruction of all private sector banks by mandating the transfer of all bank deposits to “FedAccounts” at the Federal Reserve.
During her conference speech, she said, “There will be no more private bank accounts, and all of the deposit accounts will be held directly at the Fed”
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