Saule Omarova, President Joe Biden’s nominee to be Comptroller of the Currency, withdrew her candidacy for the post Tuesday.
“It was a great honor and a true privilege to be nominated by President Biden to lead the Office of the Comptroller of the Currency (OCC) overseeing the U.S. national banking system. 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 a letter posted with the president’s press release on the White House website. “At this point in the process, however, it is no longer tenable for me to continue as a Presidential nominee.”
