Former U.S. Treasury official Adrienne Harris was confirmed Tuesday to be the first Black woman to officially lead the New York State Department of Financial Services (NYDFS).
Harris had served as acting superintendent of the key financial regulator since being nominated for the full-time position by Gov. Kathy Hochul in August. She was confirmed despite criticism from some progressive Democrats regarding her past industry ties, according to a report from City & State New York.
“I thank Governor Hochul for my nomination. I thank the New York Senate for their confidence and support in my confirmation to serve the great people of New York,” Harris said in a statement.
Harris previously served as general counsel and chief business officer at insurance provider States Title (now Doma). She was also a professor and faculty co-director at the Gerald R. Ford School of Public Policy’s Center on Finance, Law & Policy at the University of Michigan and senior advisor at the Brunswick Group in Washington, D.C.
Under the Obama administration, Harris served as senior advisor to Deputy Treasury Secretary Sarah Bloom Raskin and Acting Deputy Treasury Secretary Mary Miller. Her work “ranged from financial reform efforts to identifying solutions to the student loan crisis, analyzing the nexus between foreign investment and national security, and working to promote financial inclusion and health in communities throughout the country,” according to her bio on the NYDFS website.