Wall Street

Inside the battle for the soul of New York’s top financial regulator 

Pushes from Wall Street and Capitol Hill’s most ardent Wall Street opponent have launched a battle over the direction, reach, and power of New York’s top financial regulator, leaving the New York Department of Financial Services without a leader or a direction. Will the NYDFS continue to be a fiercely zealous regulator with long reach and serious clout, or will the NYDFS become more of a friend than a foe to Wall Street?