Activists tout climate record of Biden’s currency comptroller pick

Environmentalists are praising the Biden administration’s plan to nominate Saule Omarova, a Cornell law professor and former Treasury official, to serve as the department’s comptroller of the currency, saying she understands the risk that climate change poses to the stability of the nation’s financial institutions. “The [Office of the Comptroller of the Currency (OCC)] has a key role to play in safeguarding our economy from climate chaos and putting guardrails on Wall Street’s risky fossil fuel investments,” the Sierra Club...