Saule Omarova, Biden’s Bank Regulator Pick, Withdraws Nomination

Saule Omarova, Biden’s Bank Regulator Pick, Withdraws Nomination

Politics

Saule Omarova, President Joe Biden’s nominee to head the Office of the Comptroller of the Currency, withdrew her nomination on Tuesday after facing smears from Republicans that she was a communist and opposition from pro-banking industry Democrats.

In a letter to Biden, Omarova thanked the president for nominating her and withdrew her nomination, noting that “it is no longer tenable for me to continue as a Presidential nominee.” Biden accepted her withdrawal and bemoaned the treatment she received from Republicans in a statement.

“As a strong advocate for consumers and a staunch…

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Saule Omarova, Biden’s Bank Regulator Pick, Withdraws Nomination

 

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