Biden nominee for key comptroller of the currency post withdraws
CNN
President Joe Biden's nominee to be comptroller of the currency, Saule Omarova, has withdrawn her name from consideration after facing resistance from the banking industry, Republicans and some moderate Democrats.
Omarova said in a letter to the White House that it was "no longer tenable" to pursue the nomination for the critical post atop the banking regulator within the Treasury Department.
"I deeply value President Biden's trust in my abilities and remain firmly committed to the Administration's vision of a prosperous, inclusive, and just future for our country," she wrote in the letter. "At this point in the process, however, it is no longer tenable for me to continue as a Presidential nominee."
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