Omarova has stated she hopes to âend banking as we know itâ but believes large financial firms can abuse the crypto market outside of regulatorsâ view.
Biden to nominate anti-crypto and anti-big bank law professor to run the OCC
President Biden plans to nominate law professor Omarova, known for her anti-crypto and anti-big bank stance, to lead the OCC. She aims to "end banking as we know it" and has expressed concerns about large financial firms exploiting the crypto market beyond regulatory oversight.
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