Saule Omarova, President Joe Biden's nominee for comptroller of the currency, said earlier this year "we want" oil, coal, and gas companies to go bankrupt "to tackle climate change."

"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," Omarova said in a video from the Social Wealth Seminar in February.

"But that creates a lot of this sort of loss of jobs, a lot of displacement, and economic fallback that we cannot afford, really. So, [the National Capital Management Corporation] could actually become a kind of equity investor at that point, taking over management of those companies and basically leading them through restructuring to a new technological basis and to a new technological business model, and in that sense, it's the same type of activity but a different context."

Her comments were part of a broader proposal for a "National Investment Authority," which would seek to "sustainably finance infrastructure and other sites of economic development in the public good," according to the video's description.

The video recently received more responses after Biden announced his intent to nominate Omarova in September.

Sen. Ted Cruz (R-TX) criticized Omarova for her comments in the video.

"Biden's pick of Moscow State University's Saule Omarova for the Office of the Comptroller of the Currency is a grave threat to our economy," Cruz said. "She wants to destroy energy independence, wants to nationalize consumer banks, & she has called to 'effectively end banking as we know it.'"

More information on Omarova has also seen an increase in circulation ahead of her nomination process, such as her advocating to end banking "as we know it."