Hamilton named chairman of State Senate Banks Committee
Brooklyn lawmaker joined maverick IDC in Nov.
State Sen. Jesse Hamilton, who broke away from his fellow Senate Democrats in November and joined up with the maverick Independent Democratic Conference, was named chairman of the Banks Committee a few days after the IDC reached a power-sharing agreement with Republicans in the legislative chamber.
Hamilton (D-Crown Heights, Park Slope, Sunset Park) will succeed state Sen. Diane Savino (D-Coney Island-parts of Bensonhurst-Staten Island), a founding member of the IDC, as Banks Committee chairman.
The announcement took place on Jan. 11.
“I look forward to working with my Senate colleagues to address a range of challenges New Yorkers face. Building upon the work of Sen. Savino, I plan for the committee to focus on more economic inclusion, expanding access to financial services, combating redlining and strengthening protections for New York families. Under Sen. Savino’s leadership, the committee made inroads in protecting consumers from subprime auto loans and protecting homeowners from foreclosures,” Hamilton said in a statement.