InfoBytes Blog
Biden announces Comptroller of the Currency nominee
On September 22, President Biden officially nominated Saule Omarova for Comptroller of the Currency. If confirmed, Omarova would be the first woman and person of color to serve as Comptroller. Currently Omarova is a professor of law at Cornell University and serves as Director of the Program on the Law and Regulation of Financial Institutions and Markets at Cornell’s Jack Clarke Institute for the Study and Practice of Business Law. Omarova’s academic expertise includes an expertise in issues related to the regulation of systemic risk and structural trends in financial markets. Prior to joining academia, Omarova also, among other things, served at the U.S. Department of Treasury as a Special Advisor for Regulatory Policy to the Under Secretary for Domestic Finance.