The New York State Department of Financial Services announced that Superintendent Adrienne A. Harris will leave the agency after four years, and that Governor Kathy Hochul has appointed Kaitlin Asrow as Acting Superintendent effective 18 October 2025. Asrow has worked at DFS for the past four years as Executive Deputy Superintendent of the Research & Innovation division, where she oversaw regulation of virtual currency companies and the department’s policy work on innovation and financial inclusion, and helped lead operational transformation and technology investment. Before joining DFS, she served in the Federal Reserve System as a Senior Policy Advisor focused on supervision and policy initiatives related to data and artificial intelligence. During Harris’s tenure, DFS reported recovering more than USD 725 million in restitution for New Yorkers and expanding its Virtual Currency Unit by hiring more than 60 subject matter experts, preventing FTX, Voyager and Celsius from operating in New York, and returning USD 2.1 billion to consumers from Gemini.
New York State Department of Financial Services 2025-09-29
New York State Department of Financial Services announces Superintendent Adrienne Harris departure and names Kaitlin Asrow acting superintendent from 18 October 2025
The New York State Department of Financial Services announced Superintendent Adrienne A. Harris will depart after four years, with Kaitlin Asrow appointed as Acting Superintendent effective 18 October 2025. Asrow, previously Executive Deputy Superintendent of the Research & Innovation division, has overseen virtual currency regulation and policy work on innovation and financial inclusion. Under Harris, DFS recovered over USD 725 million in restitution and expanded its Virtual Currency Unit, preventing firms like FTX from operating in New York.