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𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐂𝐚𝐭𝐜𝐡𝐞𝐬 𝐚 𝐁𝐫𝐞𝐚𝐤 𝐢𝐧 𝐃𝐂 𝐚𝐬 𝐁𝐢𝐝𝐞𝐧 𝐏𝐢𝐜𝐤 𝐟𝐨𝐫 𝐎𝐂𝐂 𝐒𝐭𝐮𝐦𝐛𝐥𝐞𝐬 𝐢𝐧 𝐒𝐞𝐧𝐚𝐭𝐞 The Senate is set to reject Biden's pick to head of the Office of the Comptroller of the Currency. The nominee, Saule Omarova, has been a vocal critic of crypto. The Senate is poised to reject the White House's choice to lead the Office of the Comptroller of the Currency (OCC), the federal agency charged with overseeing the country's banks, Axios reported this week. The impending rejection is significant for the crypto industry since the nominee, Saule Omarova, has been an outspoken critic of crypto. In recent months, she has described crypto as benefiting from a "dysfunctional" financial system, and shared a Financial Times story that framed Bitcoin as a symbol of American decline. The Biden Administration is still backing Omarova to be head of the OCC, but she appears to have no path to confirmation as five Democratic Senators have told the White House they will not vote for her, according to Axios. With a Senate that is currently divided 50-50, and no Republicans willing to support Omarova, the White House cannot lose a single Democratic vote. https://decrypt.co/86958/bitcoin-industry-catches-break-biden-pick-for-occ-omarova-stumbles-in-senate #Cryptocurrency #crypto #cryptotrading #bitcoincash

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