Biden OCC pick cheered by progressives, jeered by industry

Mayra Rodríguez Valladares, managing principal of MRV Associates, praised Omarova for the “depth of understanding and expertise” she would bring to the job, particularly in emerging technology and international finance.

International experience may be especially helpful now, as regulators increasingly scrutinize U.S. banks’ exposure to developments overseas. Just this year, regulators have faced questions on the blow-up of Archegos Capital Management and more recent concerns on the Chinese real estate giant Evergrande Group.

“Those are very unique skills that she brings to the table,” Rodríguez Valladares said.

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