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Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget after several senators voiced opposition and concern about her qualifications and past combative tweets, President Biden announced Tuesday.

Why it matters: Tanden’s decision to pull her nomination marks Biden's first setback in filling out his Cabinet with a thin Democratic majority in the Senate.

What they're saying: "I have accepted Neera Tanden’s request to withdraw her name from nomination for Director of the Office of Management and Budget," Biden said in a statement.

  • "I have the utmost respect for her record of accomplishment, her experience and her counsel," he added.

Tanden, in a letter to Biden, said "it now seems clear that there is no path forward to gain confirmation, and I do not want continued consideration of my nomination to be a distraction from your other priorities."

Context: The Senate Homeland Security Committee last week postponed a confirmation hearing with Tanden because members were asking for "more time to consider the nominee."

  • Senators from both parties criticized her combative tweets against Republican members of Congress, noting they undercut Biden's campaign promise to seek unity and bipartisanship.
  • In February, Sen. Joe Manchin (D-W.V.) said he would not vote to confirm her, and three Republicans who could potentially replace Manchin's vote — Susan Collins (R-Maine), Rob Portman (R-Ohio) and Mitt Romney (R-Utah) — also said they would vote no.

Of note: Biden said he looks "forward to having [Tanden] serve in a role in my Administration. She will bring valuable perspective and insight to our work."

Go deeper

Senate Democrats demand answers on FBI's Kavanaugh probe

Photographer: Andrew Harrer/Bloomberg via Getty Images

Senate Democrats are demanding that the FBI hand over "all records and communications" related to the FBI tip line set up to investigate Supreme Court Justice Brett Kavanaugh when he was a nominee in 2018.

Why it matters: The ask comes after the FBI revealed it received more than 4,500 tips about Kavanaugh when he was awaiting Senate confirmation amid sexual assault allegations. Only the most "relevant" of these tips were forwarded to the Trump White House.

Chip relief on the horizon

Illustration: Sarah Grillo

Good news: The worst of the chip supply crunch might be near.

The other side: Here's the bad news... CEOs say chips totally flowing like normal is still a ways out.

Trump ally Tom Barrack pays $250 million bond to get out of jail

Tom Barrack speaking at a symposium in Tokyo in March 2019. Photo: Kiyoshi Ota/Bloomberg via Getty Images

Real estate investor Tom Barrack paid a federal court a bond of $250 million to get out of jail on Friday while awaiting trial after he was arrested and charged with acting as an unregistered foreign agent for the United Arab Emirates earlier this week, AP reports.

Driving the news: A federal judge also ordered Barrack, a longtime ally of former President Trump and chair of his inaugural committee, to wear a GPS monitoring bracelet at all times and barred him from transferring funds overseas.