September 23, 2021

Brown Statement on the Historic Selection of Saule Omarova to Lead the OCC

Today, U.S. Sen. Sherrod Brown (D-OH) – Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after President Biden announced the nomination of Saule Omarova to lead the Office of the Comptroller of the Currency (OCC). If confirmed, Omarova would be the first woman, and the first person of color to lead the agency in its 158-year history.

“Saule Omarova has spent her career working with both Republicans and Democrats on systemic financial stability issues and is well-versed in new financial technologies. Her experience as a policymaker, in the private sector, and in academia will allow her to work with stakeholders across our financial system to ensure the economy works for everyone, and to protect our economic recovery from the risky activities of Wall Street and other bad actors,” said Brown. “I call on my colleagues on the Banking and Housing Committee to support this historic nominee to this position critical to our economy.”