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Biden bank regulator pick Saule Omarova withdraws after Senate fight over her background

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During her nomination hearing for the position of Comptroller-of the Currency, Dr. Saule Omarova is listened to by the Senate Banking, Housing and Urban Affairs Committee at Capitol Hill, November 18, 2021, Washington, DC.

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Saule Omarova has been rescinded by the Senate as the nominee of President Joe Biden for Comptroller for the Currency.

Omarova withdrew her resignation after senators from the Republican Party raised concerns over her writings and background as a lawyer scholar.

This is important breaking news. Keep checking back for more updates.

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