New York State Department of Financial Services publishes stakeholder tributes as Superintendent Adrienne Harris departs and Kaitlin Asrow becomes Acting Superintendent

The New York State Department of Financial Services published a roundup of statements from elected officials, consumer advocates, and financial services industry representatives following a September 29 announcement that Superintendent Adrienne Harris has decided to leave the agency, with Kaitlin Asrow named as the incoming Acting Superintendent. The statements highlighted Harris’s work on consumer protection and oversight across banking and insurance, including attention to cryptocurrency, cybersecurity, artificial intelligence, climate change, and banking discrimination, as well as efforts to secure restitution for consumers harmed by financial institutions. Stakeholders also cited initiatives to expand access to financial services, including support for Community Development Financial Institutions and minority banking access, and pointed to healthcare affordability measures referenced by advocates, including eliminating insulin co-payments and removing medical debt from credit reports; legislators also noted progress on regulating pharmaceutical benefit managers. Several contributors said they look forward to continuing to work with DFS under Acting Superintendent Asrow; the release did not provide further detail on the transition timeline.