Bimal Patel, a former leading financial regulatory partner at O'Melveny & Myers, is the Trump administration's nominee for a top supervisory post at the U.S. Treasury Department.

Patel was nominated last week to be assistant secretary of the Treasury for financial institutions. The position, which requires U.S. Senate confirmation, coordinates the department's efforts on legislation and regulation that affect financial institutions and securities markets.

Since May 2017, Patel has served as the deputy assistant secretary of the Treasury for the Financial Stability Oversight Council. He joined the Treasury from O'Melveny's Washington office, where he headed the financial advisory and regulation practice.