NU Online News Service, May 26, 10:29 a.m. EDT
New York Gov. Andrew Cuomo says the state Senate has confirmed Benjamin M. Lawsky as the Empire State's first superintendent of the Department of Financial Services (DFS).
The DFS is a product of a recent merger of the state's insurance and banking departments, made official with the late-March approval of the state budget. Cuomo says the move was made to create a more modern, efficient regulatory body.
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