Biden’s controversial anti-crypto Comptroller nominee withdraws
cointelegraph.comThe Office of the Comptroller of the Currency in the USA will operate with only an acting Comptroller for a little longer after President Biden’s nominee, Saule Omarova, withdrew her candidacy from the confirmation process.
In response to Omarova’s withdrawal, President Biden said on Dec. 7, “Saule was subjected to inappropriate personal attacks that were far beyond the pale.”
The Comptroller of the Currency oversees the regulation of chartered banks across the country. Cryptocurrency stakeholders saw Omarova as a poor choice for the Comptroller due to her anti-crypto sentiments.
Omarova fielded heated lines of questioning from Republican and some Democratic senators on The Committee on Banking, Housing, and Urban Affairs in hearings about her
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