NYDFS superintendent to step down amid rumors of tension with Cuomo’s office

On March 19, 2019, the New York State Department of Financial Services ("NYDFS") filed a brief in opposition to the Office of the Comptroller of the Currency’s ("OCC") motion to dismiss the NYDFS’ lawsuit challenging the OCC’s statutory authority to grant special purpose national bank charters to Fintechs (the "Fintech Charter"). The brief in opposition signals that the NYDFS will continue its opposition to the Fintech Charter under the leadership of Acting Superintendent.

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. is nominating Maria Vullo to serve as the superintendent of the New York Department of Financial Services, ending a tumultuous period that saw rumors of tension between the governor’s office and.

Saturday Update: Watergate Cover-Up At the WFP and City Hall and the Press Sleeps Mayor’s Top Aide Emma Wolfe Continues to Stonewall Data and Field Investigators Two Charged in Campaign Finance Case ( WSJ) De Blasio Aide Backs Out of Speaking With Special Prosecutor.

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The acting superintendent of the New York Department of Financial Services will step down later this year, amidst rumors of tension between the NYDFS and the office of New York Governor Andrew Cuomo.

In our 221st episode of The Cyberlaw Podcast, Stewart Baker, Nicholas Weaver (@ncweaver), David Kris (@DavidKris), and Nate Jones (@n8jones81) discuss: LabMD decision from the 11th Circuit overturns decades of FTC acquisition of legal authority through bureaucratic adverse possession; Commerce says it has a deal with ZTE.