New York State Superintendent of Financial Services Benjamin Lawsky announced yesterday that he will step down as superintendent next month. Appointed in 2011, Lawsky was the first superintendent of the new state regulatory agency that consolidated oversight of New York’s depository institutions, nonbank lenders and servicers, money transmitters and insurers.
ABA urges Congress to include ACRE Act in budget reconciliation
ABA is asking Congress to include legislation to help farmers and rural communications in its budget reconciliation process, pointing to the increasingly difficult economic situation facing many farmers and ranchers.