As the superintendent of New York’s Department of Financial Services, Adrienne Harris carved out a name for herself as a forward-thinking regulator who created a national presence for her small supervisory agency during an era of bank collapses and crypto meltdowns. Now, she is moving on.

On Monday, New York Governor Kathy Hochul announced Harris’s departure, effective in October, ending a four-year tenure for the former Obama administration official. In a press release, Hochul touted Harris’s role in “rebuilding the Department into a regulator fit for the financial capital of the world.”

The U.S. financial landscape has changed dramatically since Hochul nominated Harris to lead the DFS in August 2021. Following her appointment, a series of bankruptcies in the blockchain industry led t

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