More from Fortune on the proposed legislation from the NYAG and an apparent rift with NYDFS. But what does this mean for passage/enactment?
From the Forbes article: “Another point of contention has turned on the extent to which DFS was consulted in the drafting of the bill. Among the endorsements for the legislation in the press release, DFS is notably absent. A source familiar with the matter said that DFS did not see a final version of the proposed bill until it was released to the public.” . . . .
“After DFS specified that subsequent conversations should be held with the governor’s office, the governor’s office canceled multiple meetings to discuss legislation.”