WASHINGTON — A nomination hearing for President Joe Biden's pick to be comptroller of the currency, Saule Omarova, turned fiery on Thursday as Democrats and Republicans took jabs at each other over the candidate's unconventional academic works and her upbringing in the Soviet Union.
Omarova's nomination to be one of the country's top bank regulators is uncertain given fierce opposition from the GOP and skepticism from moderate Democrats including Sen. Jon Tester of Montana.
The main concern among Republicans and a handful of Democrats is Omarova's writings as a legal scholar, which consider sweeping changes to the U.S. banking system.
Republicans on the Senate Banking Committee's kicked off the hearing with a review of the Cornell
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