After a contentious Senate hearing and pushback from both parties, Saule Omarova, President Joe Biden’s nomination to lead the Office of the Comptroller of the Currency, withdrew from consideration.
“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,” Omarova wrote in her withdrawal letter. “At this point in the process, however, it is no longer tenable for me to continue as a presidential nominee.”
Read on for more details.