President Joe Biden’s controversial pick for a top banking regulatory position is set to be grilled next week by Republican lawmakers who accuse her of radicalism.
Saule Omarova, who was nominated to be comptroller of the currency, will testify before the Senate Banking Committee next Thursday in a highly anticipated hearing that could decide the fate of her nomination. The hearing is likely to be particularly tense given that Republicans have accused Omarova of opposing the existence of the banking industry and that Democrats, in turn, have accused Republicans of red-baiting.
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