Saule Omarova, Biden's pick for top bank regulator, withdraws nomination

[former9thward]

Source: Washington Post

Saule Omarova, President Biden’s pick to serve as a top banking regulator, has withdrawn her nomination for the office of the Comptroller of the Currency.

The Cornell University law professor, an outspoken critic of Wall Street banks, had been in line to oversee them as comptroller of the currency. Omarova had faced pushback to her nomination from Republicans as well as moderate Democrats.

In a statement Tuesday, Biden said he had accepted Omarova’s request to withdraw her nomination and would continue to work to find a nominee for the position.

“As a strong advocate for consumers and a staunch defender of the safety and soundness of our financial system, Saule would have brought invaluable insight and perspective to our important work on behalf of the American people,” he stated. “But unfortunately, from the very beginning of her nomination, Saule was subjected to inappropriate personal attacks that were far beyond the pale.”

Read more: https://www.washingtonpost.com/politics/2021/12/07/saule-omarova-bidens-pick-top-bank-regulator-withdraws-nomination/?utm_source=alert&utm_medium=email&utm_campaign=wp_news_alert_revere&location=alert&wpmk=1&wpisrc=al_politics__alert-politics&pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJjb29raWVuYW1lIjoid3BfY3J0aWQiLCJpc3MiOiJDYXJ0YSIsImNvb2tpZXZhbHVlIjoiNTk2ZDViYWFhZGU0ZTIwN2QyOTZhYmVlIiwidGFnIjoid3BfbmV3c19hbGVydF9yZXZlcmUiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vcG9saXRpY3MvMjAyMS8xMi8wNy9zYXVsZS1vbWFyb3ZhLWJpZGVucy1waWNrLXRvcC1iYW5rLXJlZ3VsYXRvci13aXRoZHJhd3Mtbm9taW5hdGlvbi8_dXRtX3NvdXJjZT1hbGVydCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj13cF9uZXdzX2FsZXJ0X3JldmVyZSZsb2NhdGlvbj1hbGVydCZ3cG1rPTEmd3Bpc3JjPWFsX3BvbGl0aWNzX19hbGVydC1wb2xpdGljcyJ9.Z1g14BtFTt90JO2U5XARidNcWgP0p9hXY9S96CdOSTE

[Voltaire2]

1. Of course.

Also, sorry but these are not “moderate Democrats”. That framing casts the vast majority of the senate Democratic Party caucus as ‘radical’. The Democrats siding with Republican obstruction are either corrupt, cowards, or both.

[Ford_Prefect]

7. They are not moderate Democrats. There is no such animal. They are closet Republicans who cannot go

home again. My evidence is their voting records which speak for themselves quite plainly.

[IronLionZion]

2. Some of those American-born GOP are more Russian-aligned than Omarova

The concept that there's some foreign plot for someone to immigrate here 30 years ago to infiltrate our government is just plain racist and idiotic. Did these idiots say anything when she served in the Bush administration?

Disappointing since she supports stronger regulations on crypto and fintech, reforming the fed, and investing in the green new deal.

https://en.wikipedia.org/wiki/Saule_Omarova

[Lonestarblue]

3. Republicans were perfectly fine with Trump taking orders from Putin.

I’d rather have a person in government who experienced communism and chose democracy than one beholden former leader of the KGB.

[LenaBaby61]

5. THIS 👆🏻👆🏻👆🏻

[Wild blueberry]

4. So the RepuQ intimidation worked

Damn shame.

[BradAllison]

6. I'm sure Joe Mansion had issues

His "constituents" i/e big business are concerned.