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Panel to question controversial Biden nominee for top bank regulator

The Hill, November 18, 2021, Panel to Question Controversial Biden Nominee for Top Bank Regulator

President Biden’s pick to lead the Office of the Comptroller, Saule Omarova, will likely face a tough confirmation hearing in front of a Senate panel Thursday amid backlash about her views on banking, history as a scholar and her education in the Soviet Union.

Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, who endorsed Omarova’s nomination, said “There are a great many people by happenstance of their births who grew up in a context that’s a little different, and, historically, bringing that kind of perspective has been a hallmark of American democracy.”

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