New York Gov. Kathy Hochul tapped Adrienne Harris, an Obama administration veteran, to be the state’s top financial regulator
Ms. Harris is now a senior adviser at public-relations firm Brunswick Group in Washington, D.C., where she advises financial institutions, fintech companies and venture-capital firms. She worked as a senior adviser in the U.S. Treasury Department from 2013 to 2015 and then as a special assistant in the White House until 2017.
She said in a statement she would use the position “to ensure we have a robust and fair financial system, and an equitable economy.”The DFS was formed by the 2011 merger of the New York State Insurance Department and New York State Banking Department. It regulates around 1,500 banks and other financial groups managing more than $2.6 trillion in assets, as well as nearly 1,800 insurers with assets totaling more than $4.7 trillion.
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