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McHenry Statement on Nomination of Saule Omarova to Lead the OCC

Washington, Sep 23 -

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Joe Biden’s nomination of Saule Omarova to lead the Office of the Comptroller of the Currency (OCC):

“President Biden is once again placating his radical base by nominating Saule Omarova as the head of the OCC,” said Republican Leader McHenry. “I am concerned Professor Omarova will prioritize a progressive social agenda over the core mission of the OCC—supervising and managing risk in our financial system. Our financial regulators must focus on pro-growth policies that foster innovation to build a robust and inclusive economic recovery, rather than Democrats’ obsession with vague social objectives.”

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