President Joe Biden’s pick to lead a key U.S. banking regulator has withdrawn her name from consideration, according to a statement from the White House.Biden accepted Saule Omarova’s request to no longer be the nominee to serve as Office of the Comptroller of the Currency, according to a statement Tuesday.While Biden’s choice of an outspoken Wall Street and cryptocurrency critic delighted progressive groups and lawmakers such as Senator Elizabeth Warren, the choice appeared to be too controversial to win backing from moderate Democrats that the candidate would need in the evenly divided Senate.
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