NYDFS supervises and regulates the activities of insurance companies, banks, and other financial institutions in New York State.

New York State
ICYMI: @govkathyhochul and DFS announced the latest actions to protect New Yorkers. DFS is taking the lead by building DIGIT, the new office that will Implement the Responsible Al Safety and Education (RAISE) Act. More: dfs.ny.gov/reports_and_publi…
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I’m declaring a State of Emergency for Nassau, Suffolk, New York City and Westchester as this powerful coastal storm bears down on the region. We’re expecting dangerous coastal flooding, strong winds and potential power outages through the weekend. Take this storm seriously. Stay alert, avoid unnecessary travel, and text 333-111 for realtime updates.
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Storms don't wait. Preparation shouldn't either. With severe weather underway, DFS is highlighting resources to help New Yorkers prepare before disasters, understand their insurance coverage, and recover more quickly when the unexpected happens. More: dfs.ny.gov/consumers/disaste…
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At TDC's Convergence Forum, Acting Superintendent Asrow discussed regulation in the evolving virtual currency landscape. DFS continues to build on over a decade of nation-leading digital asset oversight to protect consumers, and create strong, innovative markets.
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The @WashingtonPost writes about DFS’s Holocaust Claims Processing Office help to restore what was stolen and reunite a painting lost amid Nazi persecution — reinforcing our dedication to recovering lost assets for Holocaust victims and their heirs. More: washingtonpost.com/dc-md-va/…
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This #ClimateWeek, DFS is highlighting our nation-first Climate Division’s work to address climate-related financial risk and build a more resilient financial system — while helping New Yorkers prepare and protect what matters. More: dfs.ny.gov/industry_guidance…
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For decades, DFS’s Holocaust Claims Processing Office (HCPO) has advanced justice for victims and their heirs. Recently, HCPO worked with global partners to assist the restitution of a painting — preserving history and protecting a family’s legacy. More: dfs.ny.gov/reports_and_publi…
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NEW: @GovKathyHochul and DFS have announced the next steps to implement New York's nation-leading RAISE Act. DFS is leading implementation and building out the DIGIT Office to strengthen transparency, oversight, and responsible innovation. Release: dfs.ny.gov/reports_and_publi…
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At Stablecon, Acting Superintendent Asrow joined CSBS President to discuss the evolving digital asset landscape. Drawing on NY’s decade-plus of virtual currency oversight, they discussed our nation-leading stablecoin framework and the importance of collaboration in regulation.
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If you pay for electricity or natural gas through one of the state’s utility companies, you may qualify for savings through the Energy Affordability Program. DFS supports efforts to make New York more affordable. More: dps.ny.gov/energy-affordabil…
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Utility bills are too high and families need relief. That’s why I expanded New York’s Energy Affordability Program so millions more households can qualify for discounts on their bills. An estimated 2.5 million more households may now be eligible to save up to a few hundred dollars a year. See if you qualify: NY.gov/EAP
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NEW: DFS and @NYSComptroller designated a new Banking Development District (BDD) and deposited $35M to @PonceBank’s Inwood branch — bringing better banking access to historically underserved communities. Release: dfs.ny.gov/reports_and_publi…
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August was another active month for DFS — protecting consumers, strengthening enforcement, and advancing strong, responsive oversight across New York’s financial system.    Here are some highlights you may have missed:
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Preserved access to critical financial services, securing commitments from @WesternUnion to maintain services for communities across New York following its acquisition of International Money Express.
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Stay tuned for September!
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