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Biden expected to name Wall Street bank critic to watchdog post

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,
+1.92%

and Financial institution of America
BAC,
+2.58%
.
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

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