https://www.americanthinker.com/blog/2021/11/karl_marxs_choice_for_treasury_secretary.html
Joe Biden’s nominee for comptroller of the currency in the Treasury Department is Saule Omarova, a Moscow State University alum and recipient of a Lenin scholarship. Omarova wants Americans to have accounts with the Federal Reserve instead of independent banks. The Kazakhstan native is touching off both support and opposition.
“It’s not every day that we’re presented with a nomination for a Lenin scholarship recipient who attended the Moscow State University and wants to end banking as we know it in the United States,” South Dakota Republican John Thune told reporters. Sen. Pat Toomey wants Omarova to turn over a copy of her thesis, “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” which was still on Omarova’s CV in April of 2017.
Banking committee Democrats who hold doubts about Omarova are playing it close to the vest while others are outspoken in her favor. Sen. Elizabeth Warren, prime mover of the Consumer Financial Protection Bureau, touted Omarova’s “impressive qualifications and expertise in banking.” Sen. Sherrod Brown attributed opposition to “red scare McCarthyism” and hailed Omarova as someone who “fled communist oppression.” Republicans and Democrats alike might have their doubts about that.
Omarova came to the United States on an exchange program with the University of Wisconsin and lamented the fall of the Soviet Union. In a May 9, 2020 interview with Chris Hayes of NBC, Omarova said “I feel guilty for having left the country at such a momentous time, because obviously they couldn’t hold it together without me.”
In the Union of Soviet Socialist Republics, scholarships were handed out primarily on the basis of fidelity to Marxist doctrine, not academic expertise or merit. A ballpark figure for the contributions of Marx and Lenin to economics is zero, so the thesis should prove a fascinating read. The Soviet Union was an economic basket case, but it’s the American financial system Omarova views as dysfunctional.