Proposal by Biden’s Treasury nominee Saule Omarova:
— Jewish Deplorable (@TrumpJew2) November 12, 2021
“There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed” pic.twitter.com/ojQviX74Bz
Joe Biden’s comptroller of the currency nominee Saule Omarova called for the private Federal Reserve bank to take over virtually all U.S. bank accounts.
“Imagine what it would be like instead of just a public option for deposit banking, this would be actually the full transition. In other words, there would be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed,” Omarova said during recent remarks
This also comes after Treasury Secretary Janet Yellen pushed for Congress to include a provision in Biden’s multi-trillion dollar “infrastructure” bills that would allow the IRS to monitor bank transactions of Americans with over $600 in their bank accounts.
If confirmed by the Senate, Omarova would head the Office of the Comptroller of the Currency at the Treasury Department, which “charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.”
This is just the latest example of the Biden Administration advocating for levels of control previously unheard of in America. These are RADICAL LEFT WING NUTS!
This policy is one of the most blatant violations of the Fourth Amendment that I have ever seen. The government has no right to spy on Americans.
It started with the ‘Patriot Act’… Now our government is attempting to collapse our private financial institutions in order to usher in a new era of government control.
We cannot let that happen. The Senate must reject Saule Omarova. She belongs in a COMMUNIST country, not our Republic.
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