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…
