White House is considering the candidacy of the Lomonosov MSU graduate candidacy, the natives of Kazakhstan Saul Omarova for the post of head of financial control under the US Department of Finance, reports The New York Times.
Omarova specializes in regulating financial institutions, banking law, international and corporate finance.
According to the American publication, the Presidential Administration Joe Bayiden considers Omarov to the position of head of the monetary controller after the abandonment of the two previous candidates because of the struggle in the Democratic Party. When approving Omarova’s candidacy, it was noted that it would control the activities of all banks in the state territory, including foreign, and will be the first woman, headed by the Office for 158 years of its existence.
Omarova can be nominated in the coming months or early next year. Then the approval of its candidacy for a five-year term Senate.
Financial control management under the US Department of Finance is considered one of the most influential American financial regulators of the banking sector in the United States. An independent division controls about 1,200 banks whose total assets amount to 14 trillion dollars. This is about two thirds of all assets of the country’s banking system.
Saul Omarov was born in the Kazakh SSR. In 1989 he graduated from Moscow State University. Lomonosov. In 1991, the student exchange program went to the United States and remained there. In the USA, Omarov graduated from Wisconsinsky University in Madison (1999), then received a doctorate of jurisprudence with honors from the Northwestern University (2001). In 2006-2007, he was a special adviser on the regulatory policy of the US Department of Finance at the former President George Bush Jr. Omarova is a current professor of the law faculty of Cornell University.