OCC Nominee Omarova Withdraws From Bank Regulator Consideration

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“As a strong advocate for consumers and a staunch defender of the safety and soundness of our financial system, Saule would have brought invaluable insight and perspective to our important work on behalf of the American people. But unfortunately, from the very beginning of her nomination, Saule was subjected to inappropriate personal attacks that were far beyond the pale. I am thankful to Chairman [Sherrod] Brown for giving her a fair hearing and the opportunity to demonstrate her qualifications,” he mentioned.