Bitcoin skeptic Saue Omarova is rejected for OCC in winning for crypto
Bitcoin skeptic Saue Omarova is rejected for OCC in winning for crypto
- Saue Omarova was nominated for the head of the OCC and it looked dark for the future of cryptocurrencies because she is a pronounced critic of Bitcoin.
- New reports show that some democratic senators in the US Congress will reject them, and since all Republicans agree against them, they will most likely not take office.
Saue Omarova, a Bitcoin critic who has been nominated for one of the most important tasks of financial supervision in the USA, will probably not be confirmed by the Senate. According to new reports, some democratic senators have rejected the bid selection and spoken out in particular against their hard attitude towards large banks. Since the Republican senators are all against them, it seems unlikely that she will be the next auditor of the currency.
Omarova was nominated by the White House in September to take over the office of OCC, Michael HSU. As CNF reported at the time, the cryptocurrency community joined the bank details to ask questions about their rule. Omarowa is a pronounced critic of the big banks who have repeatedly criticized state rescue campaigns. She also suggested that the Federal Reserve should be allowed to serve the Americans and to extinguish the commercial banks effectively.
For cryptocurrencies, the future looked just as bleak. She previously explained that in her opinion, "she mainly benefits the dysfunctional financial system that we already have".
At her Senate grilling two weeks ago, she held onto her anti-bitcoin views. When asked by the crypto -friendly Senator Cynthia Lummis, whether Bitcoin endangers national security, she replied:
I am not an expert for Bitcoin, but I would worry if all of our financial transactions were subject to a blockchain system, in which various actors who may be in other countries and are not particularly friendly to us, control the functioning of the system.
omarowa is rejected
According to Washington,reports should be rejected in the Senate. Almost all Republican senators have already announced that they reject them. Many of them even attacked them personally, as well as their "socialist" beliefs.
Despite the opposition, the White House continues to support it publicly. An official of the White House told Axios:
The White House continues to support its historical nomination. Saue Omarova is excellently qualified for this position. Since its nomination, it has been treated unfairly since its nomination with unacceptable red baits by Republicans, as if it were the McCarthy era.
Source: Crypto-news-flash.com
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