Biden Banking Nominee Faces Opposition Over Marxism Thesis

President Joe Biden’s nominee for comptroller is facing opposition because of works she’s penned, including a thesis on Marxism. Biden announced last month he was choosing Saule Omarova for the post of currency comptroller at the Treasury Department. The White House described Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk and structural trends in financial markets.” But the Cornell University law professor is facing renewed opposition from Sen. Pat Toomey (R-Pa.), who called on Wednesday for Omarova to provide a copy of her Russian-language thesis. The paper, titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” was written while Omarova was studying at Moscow State University. Toomey, the top Republican on the Senate Banking Committee, said the paper recently disappeared from her resume. “While it appears that you have deleted any reference to your thesis in the version of …

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