On 11/18/2021, Senator Mike Rounds questioned Biden OCC nominee Saule Omarova. “You’ve clearly scared the heck out of them,” said Sen. Mike Rounds, R-South Dakota, referring to the banking industry’s opposition to her based on her writings. Senator Rounds said that he could picture Omarova — who is a law professor at Cornell — having academic discussions in her classroom over economic topics, but he would not trust her to run the Office of the Comptroller of the Currency.
“It would seem to be that in a classroom, you would have a very lively discussion with members of your class — and I suspect that would be entertaining — but I’m really challenged to see how that could be put into and that you would be trusted to be the person responsible for the management, or at least the oversight of these different banks,” said Rounds, a Republican from South Dakota.
Sen. Elizabeth Warren called the criticism of Omarova “a vicious smear campaign, coordinated by Republicans who are doing the (industry’s) bidding.”
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I’ll Ask One More Time, You Scared The Heck Out Of Them, Sen. Rounds To OCC Nominee Saule Omarova