The New York Times alleged that Republicans and bank lobbyists “painted” President Joe Biden’s pick for a top banking regulator as a communist because she was born in the Soviet Union.
Biden nominated Saule Omarova, a Cornell Law professor born in the former Soviet Union, to head the Office of the Comptroller of the Currency in September, where she faced criticism from Republicans over her views on banking and alleged links to communist ideology. He withdrew Omarova’s nomination Tuesday after several top Senate Democrats signaled their opposition.
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