Cuomo Nominates Own Chief of Staff, a Former Prosecutor, to Lead NYS Dept. of Financial Services

By:
Chris Gaetano
Published Date:
Jan 7, 2019
analysis-banking-business-1451448

New York Governor Andrew Cuomo has nominated Linda Lacewell, his chief of staff, to lead the state's Department of Financial Services, according to the Wall Street Journal. Lacewell had said that, as a former prosecutor, she would be a good fit for the position. 

Lacewell was an assistant U.S. attorney for the Eastern District of New York for nine years, which included a two-year stint on the Justice Department's Enron Task Force. She also worked at the state attorney general's office, overseeing investigations of kickbacks to investment-placement agents in exchange for investments from the state's public pension fund. She was also the state's first chief risk officer. 

If confirmed, she would replace the current head, Maria Vullo, who said she was going to leave the department in February. 

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