That’s the mantra of Progressive-Democrats, who are enthusiastically supportive of President Joe Biden’s (D) nominee for Comptroller of the Currency, Saule Omarova.
Ms Omarova wants to put an “‘end to banking’ as we know it”—again, her words—and transfer private banking functions to the Federal Reserve, where accounts would “fully replace” private bank deposits. The Fed would control “systemically important prices” for fuel, food, raw materials, metals, natural resources, home prices and wages.
And, she says
the Fed should be remade into what she calls “The People’s Ledger.”
She calls for “reimagining” the role of central banks “as the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy.”
But ignore those calls for Soviet finance controls. She’s the lady the Progressive-Democrats want to inflict on us.
Shut up about that flapping curtain; vote her up.