News
Biden nominee: “Say what you will about the USSR, there was no gender pay gap”

President Biden’s pick to serve as Comptroller of the Currency, a position that regulates national banks and federal savings associations, previously tweeted comments about the USSR, saying it had no apparent gender wage gap.
A recently unearthed tweet from the nominee, Saule Omarova, in 2019 says: “Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.’”
As The Wall Street Journal’s editorial board wrote, Omarova was criticized for her tweet and responded by saying: “I never claimed women and men were treated absolutely equally in every facet of Soviet life. But people’s salaries were set (by the state) in a gender-blind manner. And all women got very generous maternity benefits. Both things are still a pipe dream in our society!”
The CEO of the America Bankers Association Rob Nichol voiced his concerns about the appointment. “We have serious concerns about her ideas for fundamentally restricting the nation’s banking system, which remains the most diverse and competitive in the world,” American Bankers Association President and CEO Rob Nichols said in a statement.
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