NY Times slammed for claim that Republicans attacked left-wing Biden nominee because of birthplace, not views

Critics took aim at The New York Times Tuesday over a piece that claimed Saule Omarova, President Biden's pick to lead the Office of the Comptroller of the Currency, was painted by Republicans as a communist for being born in the Soviet Union rather than because of her left-wing views.

The piece, focused on Omarova's decision to withdraw her own nomination, didn't mention a number of her controversial views, including a past suggestion that it would be a good thing for energy industries to go bankrupt in order to combat climate change, as well as her thesis on Karl Marx written while she was attending Moscow State University in the 1980s.

"Ms. Omarova faced months of criticism from Republicans and bank lobbyists who cast her as a threat to the American economy. Lobbyists began to oppose her almost as soon as her nomination was announced, saying she wanted to replace the banking industry’s functions with services provided by the Federal Reserve," the piece read.

"They pointed to a 2020 paper that Ms. Omarova had written about ways the Fed could use its own digital currency, which central bankers had already begun to consider creating. (As comptroller, Ms. Omarova would have had to coordinate with bank regulators at the Federal Reserve but would not have had the authority to make changes to the banking system’s structure.)," it added.

The piec... (Read more)

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