Adrienne Harris, superintendent of the New York Department of Financial Services, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, May 18, 2023. Photographer: Al Drago/Bloomberg
New York’s top financial regulator tasked with overseeing the banking and insurance industries and their compliance with state laws continues to speak about the agency’s staffing shortages.
A spokesman for the Department of Financial Services said Thursday it presently has more than 1,200 employees, while the executive budget recommends a workforce of 1,391 fulltime equivalent workers.
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