Biden Pick for Top Financial Regulator Post Withdraws After Facing Opposition From GOP

The White House announced Tuesday Saule Omarova withdrew her nomination to become comptroller of the currency, after opposition from Republicans and some conservative Democrats. Omarova grew up in Soviet Kazakhstan and came to the U.S. in 1991. During her confirmation hearing, Louisiana Republican John Kennedy accused her of loyalty to the Communist Party of the former Soviet Union. She would have been the first woman, first immigrant and first person of color to fill the role.

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