Description
Biden's pick to become a key banking regulator withdraws after ugly nomination fight
Saule Omarova has withdrawn her nomination to head the Office of the Comptroller of the Currency (OCC), a little known agency that has a major role in overseeing banks in the country.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.
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