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Crypto critic Saule Omarova, who was Biden's pick to lead the OCC, withdraws her name from consideration following Senate fights over her background

Bloomberg :

Bloomberg

Discussion

  • @adamserwer Adam Serwer on x
    Caving to actual McCarthyism against someone who had the temerity to be born in the wrong place at the wrong time. https://twitter.com/...
  • @mattdizwhitlock Matt Whitlock on x
    This is such bad faith. Nobody cared where she was born, they cared that she wanted to fundamentally end banking in America, bankrupt the energy sector, and that she refused to hand over academic writing praising Karl Marx. Like a communist. https://twitter.com/...
  • @jeneps Jennifer Epstein on x
    Saule Omarova, Biden's nominee to lead banking watchdog OCC, withdraws https://www.bloomberg.com/...
  • @helaineolen Helaine Olen on x
    Repeat after me. No one really cared about Saule Omarova's childhood in the USSR. They cared about her deep knowledge of banking regulation and would say anything to make her go away. https://www.washingtonpost.com/ ... https://twitter.com/...
  • @coindesk @coindesk on x
    5/ In a statement, @POTUS said he accepted Omarova's withdrawal, saying he nominated her “as a strong advocate for consumers and a staunch defender of the safety and soundness of our financial system.” https://www.whitehouse.gov/...
  • @sensherrodbrown Sherrod Brown on x
    Dr. Omarova was one of the most qualified nominees ever for this job. But because she wasn't in Wall Street's pocket, corporate interests and their allies in Congress waged a relentless smear campaign reminiscent of red scare McCarthyism. https://www.nytimes.com/...