New York's top financial regulator says his office is considering tougher cyber security requirements for banks with more complex computer sign-ins and certifications from their contractors of their defenses.
Department of Financial Services Superintendent Ben Lawsky says they are already revamping regular examinations of banks and insurance companies by adding targeted assessments of barriers against hackers.
New York City Mayor Bill de Blasio is taking his agenda for the city to Albany.
The mayor is scheduled to address lawmakers at a budget hearing Wednesday. He's expected to talk about his push to protect the city's rent regulations, raise the minimum wage and make investments in affordable housing and public education.
De Blasio's visit to the Capitol comes just weeks after Sheldon Silver stepped down as Assembly speaker. The Manhattan Democrat was one of the city's biggest advocates in the Legislature. His replacement, Carl Heastie, is from the Bronx.
While in Albany de Blasio is expected to meet with Gov. Andrew Cuomo. The two men have a complicated relationship, and Cuomo's support will be critical to the success of the mayor's proposals.
Governor Andrew Cuomo has repeatedly threatened to hold up the state budget over ethics reform and other issues, like education policy. Now, a poll finds that voters would rather that the budget be on time. The spending plan is due March 31st and lawmakers return to Albany Wednesday to begin several weeks of negotiations.
A new Siena College poll finds that while New York voters support efforts to rein in state government corruption, they're more concerned about whether lawmakers pass the budget on time. Governor Andrew Cuomo has tied one to the other…
51 percent of voters told Siena ethics reform would reduce government corruption. 44 percent think it will have little or no impact. The poll was released the same day former Assembly Speaker Sheldon Silver was being arraigned on federal corruption charges; Silver’s arrest has prompted a new round of ethics debate in Albany.
A state wage board has agreed to raise the minimum wage for tipped workers form $5.00 to $7.50 an hour. New York Governor Andrew Cuomo announced the change at a rally with union leaders.
Cuomo, speaking to the union members, renewed his call to raise the state’s minimum wage for non-tipped workers to $10.50 an hour, $11.50 in New York City. Cuomo says businesses are making “record profits.”
“Business is doing well, God bless ’em,” Cuomo said. “But it is time that they share. We are looking at a polarization of income in this country like we’ve never seen before.”
Not everyone was pleased with the increase. The state’s Restaurant and Tavern Association says it’s disappointed that the Governor’s wage board did not limit the minimum wage for highly tipped workers to $6.50 an hour. The group predicts that it will slow job growth, and is considering legal action.
New York Gov. Andrew Cuomo says the state Education Department should investigate the results of teacher evaluations to see whether the process is skewed to favor teachers.
The administration sent a letter to acting Education Commissioner Elizabeth Berlin on Sunday. That followed a Newsday report that said the portion of teacher evaluations controlled by districts is weighted in most Long Island districts toward ensuring teachers score high enough to get favorable evaluations.
Governor Andrew Cuomo has outlined his plan for greater transparency of state lawmakers’ outside income, and has made it part of his budget proposal. Good government groups say they wish he had gone farther.