Biden Banking Nominee Proud Recipient of Collegiate ‘Lenin Award’

President Joe Biden’s pick for the nation’s top banking regulator received a scholarship named for Vladimir Lenin and praised the Soviet Union for paying the sexes equally.

Biden last week nominated Saule Omarova to lead the Office of the Comptroller of the Currency, which regulates national banks. Omarova in 2019 praised aspects of the Soviet Union’s economic system, calling the lack of a gender pay gap a “huge achievement” and an example of a flaw in capitalism. A native of Kazakhstan, Omarova graduated in 1989 from Moscow State University, where she received the Lenin Personal Academic Scholarship, according to her résumé.

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