Benjamin Lawsky
Benjamin Lawsky was the superintendent of financial services for New York. He was the first person to serve in this role since the office was created in 2011. He was appointed by Governor Andrew Cuomo (D).[1]
An April 2013 list of the 100 most powerful players in Albany by the newspaper City and State ranked Lawsky as number 52.[2]
Biography
After earning his law degree, Lawsky began a long career in public service, working as a federal prosecutor, an aide to Senator Charles Schumer (D) and deputy counselor, special assistant to then-Attorney General Andrew Cuomo.[1]
When Cuomo was elected governor, Lawsky became his chief of staff. During that time, Lawsky led Gov. Andrew Cuomo's initiative to consolidate the New York State banking and insurance departments, which led to the creation of the Department of Financial Services and the position of superintendent. After serving as the inaugural superintendent for nearly four years, he announced his resignation, saying that he planned to establish his own legal consulting firm.[1][3]
Education
Political career
New York superintendent of financial services (2011-2015)
Lawsky served as New York superintendent of financial services from May 24, 2011, until his resignation in June 2015. During his four-year tenure, he earned a reputation of being the "Sheriff of Wall Street" for his efforts to regulate the financial industry in New York. Many of his prominent cases involved filing lawsuits against foreign banks.[4] Governor Cuomo said he was able to use the large settlements paid by banks to the state of New York for infrastructure projects and other state expenses.[1]
Lawsky's chief of staff, Anthony Albanese, assumed the position of acting superintendent upon Lawsky's resignation. He was replaced on a more permanent basis by Maria Vullo in January 2016.[5][6]
Appointments
2011
Lawsky was appointed as New York superintendent of financial services by Governor Andrew Cuomo (D) in 2011. He was unanimously confirmed by the state Senate on May 24, 2011.[7]
Recent news
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See also
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External links
Footnotes
- ↑ 1.0 1.1 1.2 1.3 1.4 Jessica Silver-Greenberg and Ben Protess, The New York Times, "Benjamin Lawsky, Sheriff of Wall Street, is taking off his badge," accessed September 20, 2015
- ↑ City and State, "Albany Power 100 List," April 23, 2013
- ↑ New York State Department of Financial Services, "BENJAMIN M. LAWSKY TO DEPART NYDFS AFTER FOUR YEARS SERVING AS THE AGENCY'S FIRST SUPERINTENDENT," accessed September 20, 2015
- ↑ The New York Times, "Key cases for the Sheriff of Wall Street," accessed September 20, 2015
- ↑ The New York Times, "Lawsky's top deputy to succeed him temporarily," accessed September 20, 2015
- ↑ Menachem Rephun, JP Updates, "Gov. Cuomo appoints Maria Vullo as NYS Department of Financial Services superintendent," January 21, 2016
- ↑ New York Department of Financial Services, "Governor Cuomo Announces Unanimous Senate Confirmation of Benjamin Lawsky As Superintendent of The Department of Financial Services," May 24, 2011
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| Preceded by NA |
New York Superintendent of Financial Services October 3, 2011–June 2015 |
Succeeded by Anthony Albanese (interim) Maria Vullo |
