Regulatory and Legislative Hurdles in 2022 – What You Need to Know!
By:
Sharon J. Lorman
Robert E. Kafafian
Gregg J. Wagner
Guest: Michael P. Affuso, Esq., incoming President and CEO of the New Jersey Bankers Association
Podcast Show Notes:
Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking topics. TMIB is available on the last Wednesday of every month here, or wherever you get your podcasts, for your listening enjoyment. Join us on your commute, at your desk, or at home.
Topic: Regulatory and Legislative Hurdles in 2022 – What You Need to Know!
Insights from Michael P. Affuso, Esq., incoming President and CEO of the New Jersey Bankers Association (“NJ Bankers”)
The New Jersey Bankers Association has named Michael P. Affuso, Esq., to replace the retiring John E. McWeeney, Jr., as President and CEO. Mr. Affuso will officially assume the role on July 1, 2022. Mr. Affuso joined the NJBA in 2008 and most recently served as EVP/Director of Government Relations. On this podcast, we discuss the ever-changing state of the banking industry including bank regulation and legislative hurdles in 2022. We discuss the importance of banking associations to promote the profitability and strength of the banking industry including access to expert and peer thought leadership, education and training, networking, and a platform for advocacy. Listen and enjoy!
Michael P. Affuso, Esq.
New Jersey Bankers Association
As of July 1, 2022, Michael P. Affuso is the President and CEO of the New Jersey Bankers Association. Prior to becoming President and CEO, he served the New Jersey Bankers Association as executive vice president and director of Government Relations. In that role, Mr. Affuso provided legal opinions and analysis of proposed and pending legislation that affected the New Jersey banking industry. He also managed relationships with both federal and state legislatures for the NJBankers. Mr. Affuso also serves as an adjunct professor at Monmouth University.
Before joining NJBankers, Mr. Affuso served as deputy district director and General Counsel for Congressman Albio Sires. He provided legal opinion and created strategies for legislation before and to be introduced to the Financial Services Committee and the Foreign Affairs Committee. Mr. Affuso also developed an annual budget and managed expenditures for State District Offices; managed a staff of eleven employees and four offices; coordinated constituent relations and press efforts; and managed Federal Grant applications. Prior to his role as district director and General Counsel, Mr. Affuso was the campaign manager for Albio Sires for Congress.
Prior to his government service, he served in various positions at Mellon Bank, Morgan Stanley, Metropolitan Life Insurance/Banker’s Trust and at Merrill Lynch.
Mr. Affuso graduated from American University with a B.A. in political science and minor in history. He received his J.D. from Seton Hall University School of Law. He is admitted to practice in New Jersey/Federal District Court and New York/Federal District Court.
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Watch for episode 79 of This Month in Banking to be released on Wednesday, July 27th, 2022, and a new episode on the last Wednesday of every month.
Thank you for listening!