So, Superintendent Harris, I want to applaud you once again for everything you are doing on behalf of New Yorkers. We'll talk about that in a second.īut I want to thank her for drawing on her years of experience working in Washington, working at the Treasury Department, working at the White House, and now being the top regulator for New York State. I'm joined by Adrienne Harris, the Department of Financial Services Superintendent, who has done an extraordinary job from the very beginning but had a chance to see her in action this weekend as we sat together last night down in the offices overlooking Wall Street and realizing that we had reached a turning point in a situation that really was quite volatile up until we received some resolution out of Washington. I just want to preface by saying that at the out front.īut I wanted to make sure that the public is up to speed on everything that we know and what has transpired over a very tumultuous weekend. We're going to take questions at the end, but this situation is very much still developing, and there may be some questions we're unable to answer. This morning, I wanted to update New Yorkers on what's been happening over the weekend with the banking sector. PHOTOS of the event are available on the Governor's Flickr page.Ī rush transcript of the Governor's remarks is available below: VIDEO of the event is available on YouTube here and in TV quality (h.264, mp4) format here. Earlier today, Governor Kathy Hochul provided an update on Signature Bank and the steps her administration has taken to protect depositors in New York State.
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