If nominated and confirmed, Omarova will be the first full-term Comptroller since Joseph Otting, who headed up the federal bank regulator between 2017 and 2020. Former Acting Comptroller Brian Brooks took over the regulator last year, overseeing a handful of guidance letters and conditional approvals allowing crypto companies to have greater access to banking services and letting banks interact more closely with cryptocurrencies.
Biden to Nominate Crypto Critic as Top Bank Regulator: Report — CoinDesk
