Biden's Treasury pick Omarova would 'starve out industries' that don't align with Democrat interests
Fox News
Sen. Bill Hagerty, R-Tenn., on Thursday expressed opposition to President Biden's controversial comptroller of the currency nominee Saule Omarova, telling “America Reports” that her performance during the Senate Banking Committee's hearing raised more questions about her fitness for the role.
They are using this as a justification to make what would not otherwise survive market-based competition. These [are] green energy investments to increase the price of gas artificially, to disrupt the economy so that they can get better cost justification for their Green New Deal investments and she would use the office…to make this a lot worse.
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This is a movement we have already seen before. Just go back to the Obama administration – "Operation Choke Point." What we are seeing is an opportunity for them to deploy exactly the same strategy. In the Obama administration, they used "Operation Choke Point" to starve out industries that were politically out of favor with the Democrats. Today, it’s the oil and gas industry. That’s what she’s talking about starving out, and she would be responsible as comptroller of the currency for an army of 2,400 bank examiners -- all of them under her control with a billion-dollar war chest who could go into banks and put pressure on them to stop lending to any industry that they determine are out of favor.WATCH THE FULL VIDEO BELOW:
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