Biden’s controversial anti-crypto Comptroller nominee withdraws

The 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 […]

Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni

Pat Toomey, a Republican member of the U.S. Senate Banking Committee, is attempting to pressure the nominee to head the Office of the Comptroller of the Currency (OCC) into handing over her 1989 university honors thesis about Karl Marx. The Biden administration formally nominated Kazakh-born attorney Saule Omarova — who has been characterized by critics […]

Biden to nominate anti-crypto and anti-big bank law professor to run the OCC

The Biden administration reportedly intends to nominate Kazakhstani-American attorney, academic and former policy advisor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) — the institution that oversees the U.S. banking sector. Omarova has levied criticisms at both crypto assets and the legacy banking sector in the past, having once pledged […]