WASHINGTON — President Joe Biden plans to appoint a regulation professor who has criticized Wall Avenue banks to supervise a number of the largest U.S. lenders, in response to folks accustomed to the matter.
Biden is anticipated to faucet Saule Omarova, a Cornell College regulation professor, to grow to be the Comptroller of the Forex, which oversees nationwide banks together with JPMorgan Chase & Co.
JPM,
and Financial institution of America
BAC,
A proper announcement may come later this week, the folks mentioned.
https://www.marketwatch.com/story/biden-expected-to-name-wall-street-bank-critic-to-watchdog-post-11632356328?rss=1&siteid=rss | Biden anticipated to call Wall Avenue financial institution critic to watchdog put up
