Biden’s pick to become a key banking regulator withdraws after ugly nomination fight
12/8/21
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from NPR,
12/7/21:
Saule Omarova has withdrawn her nomination to head the Office of the Comptroller of the Currency (OCC), a little known agency that has a major role in overseeing banks in the country.
Omarova, a Cornell University law professor, had faced strong opposition from Senate Republicans over her academic research, which had proposed some major changes to the banking system.
Some of the attacks were unusually personal, including outright suggestions that the Kazakhstan-born nominee held “communist” views. Omarova, who’s a U.S. citizen, has strongly denied that.
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