New York Governor Kathy Hochul announced on Monday that Adrienne Harris will step down as Superintendent of the state’s Department of Financial Services (DFS) after four years of service.

Kaitlin Asrow, currently Executive Deputy Superintendent of Research & Innovation, will assume the role of Acting Superintendent effective Oct. 18, 2025. Hochul credited Harris with strengthening DFS’s consumer protections and regulatory framework, including recovering more than $725 million in restitution for New Yorkers and establishing DFS as a global leader in digital asset oversight.

Harris, appointed in August 2021, reshaped DFS into a more assertive financial regulator. She expanded…

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