In Brief:
- Harris will become superintendent of the Department of Financial Services.
- She aims “to ensure we have a robust and fair financial system, and an equitable economy”.
Kathy Hochul, NY Gov, nominated Adrienne Harris, a former Obama administration official, to lead the state’s top financial regulator. Hochul, reportedly tapped Harris, to lead the New York Department of Financial Services following the resignation of Superintendent Linda Lacewell. Although New York Senate should confirm the nomination.
Harris is currently serving as a senior adviser at the public relations firm Brunswick Group. She also was a special assistant for economic policy to United States President Barack Obama and a senior adviser to the deputy secretary of the Treasury Department.
Harris said in a statement that she aims to ensure that the country has a robust and fair financial system and an equitable economy in her possible role at the NYDFS. In her new post, she will oversee banks and insurers doing business in New York.
With Adrienne Harris as our state’s top financial regulator, New Yorkers can rest assured that this administration isn’t simply focused on just protecting consumers, but on advancing an equitable economic recovery that seeks to lift up all citizens, not just the privileged few,” Hochul said in the statement.
Also Read: New York Sets Up City Office for Crypto and Blockchain
