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The Committee meets today to consider the nomination of
And welcome to your friends and family watching from home.
I applaud the
She is widely regarded as a leading expert on banking law and policy. She holds a doctorate from the
She has served as a senior advisor in
She is an accomplished researcher and writer and has published dozens of works on topics critical to our understanding of the financial system. More than 70 financial regulatory experts from across the political spectrum, including bankers, have endorsed her nomination.
These are the serious policy conversations of a thoughtful, balanced professional.
Some Republican Senators have decided that this job shouldn’t go to the most qualified candidate. Despite her unquestioned expertise and her bipartisan record, they have worked with their powerful friends in this town to degrade this confirmation process.
Just a week after news of her nomination became public, the
They highlighted that she went to
Besides, there were no Friedman or Reagan scholarships available.
They made outlandish, unfounded claims based on where she grew up. They say she believes the Soviet economic system was superior to ours. And they accused her of wanting to establish communist rule over banking here in
Escaping communism, moving to America for a better life, embracing American values or hard work and public service – what could be more American than that?
Only a few days after the op-ed was published, the Ranking Member piled on. He requested that
To be clear: this committee never requires anyone to submit unpublished undergraduate work as part of the nominations process. I don’t remember any nominee who has faced a similar request, nor do I think that what college kids are writing is generally a good guide for their policy views three decades later.
So staff on the committee can breathe easy – if you aspire to a presidential nomination, you won’t need to turn in your sophomore book reports on the “The Scarlet Letter.”
Not only did the Ranking Member request the paper, he put out a press release to tell the world that he was requesting this paper. He went out of his way to mention the same Lenin Scholarship that the
And then he sent another press release.
Since then, he and other Republican Senators have taken to the Senate Floor to repeat these vile attacks that suggest this nominee doesn’t share our American values.
They have a formula – start with a passing and inaccurate reference to her academic work. Distort the substance beyond recognition. Mix in words like “Marx,” and “Lenin,” and “communism.” End with insinuations about
We know that some people in
We know that a shadowy political group founded by former Trump staff has been fomenting these personal attacks and pushing radical right-wing news sites to spread that misinformation. These inflammatory insinuations continue to stoke the unhinged rhetoric that has poisoned our politics.
Now we know what happens when Trumpism meets McCarthyism.
It’s a cruelty no person should experience.
That hard work got her where she is today. Just think about that – a Khazaki kid growing up in Soviet central
She embodies everything we ought to celebrate – the fighting spirit that makes this nation great. The tenacity to strive for a better life. And the openness and opportunity of America that attracts the best minds – from all over the world, from all backgrounds.
From growing up in the
She has both the private industry and the public policy experience to prevent a repeat of the financial crisis. A crisis that cost millions of Americans their homes and jobs and that shuttered hundreds of community banks.
I’ve worked with all of you on the committee. I’d hope you all have a sense of decency.
I expect my colleagues to treat