Home WND Biden’s nominee on energy companies: ‘We want them to go bankrupt’

Biden’s nominee on energy companies: ‘We want them to go bankrupt’

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By Thomas Catenacci
Daily Caller News Foundation

President Joe Biden’s nominee for a key Treasury Department role admitted that oil, natural gas and coal firms need to go bankrupt to prevent climate change, a resurfaced video showed.

“Here what I’m thinking about is primarily the coal and oil and gas industry. A lot of the smaller players in that industry are going to probably go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change,” Saule Omarova — who the Senate is considering to lead the Office of the Comptroller of the Currency — remarked in a clip uncovered Tuesday by the American Accountability Foundation (AAF), a conservative research group.

The comments were originally made during a March talk Omarova gave as part of the Jain Family Institute’s “Social Wealth Seminar” series.

Omarova has already been slammed by top GOP senators over her Marxist thesis paper which she has yet to share with the Banking Committee. She wrote the thesis, titled “Karl Marx’s Economic Analysis and the Theory of Revolution,” while studying at Moscow State University in Russia decades ago.

“At the end of the day, these are people’s lives, people are going to lose their jobs because she’s going to support policies that are there to drive them out of work,” AAF Founder Thomas Jones told the Daily Caller News Foundation in an interview.

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