Diana Taylor
Encyclopedia
Diana Taylor is the former New York State Superintendent of Banks. She lives with New York City
Mayor Michael Bloomberg
.
to an upper-class family. Her father was a Union Carbide
biochemist and her mother a schoolteacher. She attended Milton Academy
, then went on to earn an A.B.
in economics from Dartmouth College
, and an MBA from Columbia University
, where she is also currently pursuing an M.P.H. [Master of Public Health] as well.
. Following her career at Smith Barney, Taylor worked for Keyspan Energy.
Following her career in the private sector, Taylor launched a second career in the public sector. She served for several years as the Chief Financial Officer of the Long Island Power Authority
. She then moved to the staff of New York Gov. George Pataki
serving as a Deputy Secretary to the Governor (this is equivalent to deputy chief of staff). She first oversaw the state's authorities for Pataki and then moved to become his chief advisor on finance and housing issues.
In 2003, Pataki nominated her as New York State Superintendent of Banks, which is a cabinet position. In this position, Taylor was the head of the New York State Banking Department
and Chairwoman of the New York State Banking Board. While at the department she received praise for policing fraud in low-income communities and overhauling the department structure. She also focused on utilizing banks for economic development in low-income communities in New York State.
Taylor worked in Brooklyn
's St. Vincent's Hospital in her twenties, and is pursuing an M.P.H. degree from Columbia. She has said that she would like to pursue a career in public health after she leaves state government.
as the Chairwoman and Chief Executive Officer of the Federal Deposit Insurance Corporation
(FDIC), but Taylor was never offered the job. Reports said that Taylor had undergone a background check by the Federal Bureau of Investigation
(FBI) and had finished the White House
paperwork for the position. The reports also said that Bush aides were informing U.S. Senate leaders about the nomination and that it would be announced in a few days.
As Mayor Bloomberg unveiled a second-term agenda to cut down on gun violence
and the flow of illegal guns into the city, more rumors came about suggesting pressure from the National Rifle Association
caused President Bush not to nominate Taylor. Following the withdrawal of her nomination, Bloomberg cancelled a scheduled appearance at a White House dinner, which would feature the Dance Theatre of Harlem
. He instead attended a community meeting in the Bronx.
Taylor's only public comments on the FDIC affair were made at the January meeting of the New York State Banking Board and in an interview with the New York Times.
event in 2000, where they were seated together. Since then the couple has been together and she acts as an unofficial first lady for the city, joining the mayor at social functions and campaigning with him. She has been frequently seen marching with him in parades citywide.
During the 2005 New York City transit strike
, Taylor stayed with Bloomberg in the city's Office of Emergency Management headquarters in Brooklyn each night of the strike. During his second inauguration in 2006, Taylor occupied a front row seat with the mayor's mother and daughters.
Both have denied any intentions of marrying.
had she run for Gillibrand's U.S. Senate seat that year. However, she ultimately decided not to enter the race. Taylor then commented that she is considering running in 2012.
In her civic life, Taylor serves on non-profit and corporate boards that include the YMCA of Greater New York
, ACCION, Columbia Mailman School of Public Health
, Sotheby's
, Citigroup
, Brookfield Properties
and her alma mater Dartmouth
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
Mayor Michael Bloomberg
Michael Bloomberg
Michael Rubens Bloomberg is the current Mayor of New York City. With a net worth of $19.5 billion in 2011, he is also the 12th-richest person in the United States...
.
Early life
Taylor was born in Greenwich, ConnecticutGreenwich, Connecticut
Greenwich is a town in Fairfield County, Connecticut, United States. As of the 2010 census, the town had a total population of 61,171. It is home to many hedge funds and other financial service companies. Greenwich is the southernmost and westernmost municipality in Connecticut and is 38+ minutes ...
to an upper-class family. Her father was a Union Carbide
Union Carbide
Union Carbide Corporation is a wholly owned subsidiary of The Dow Chemical Company. It currently employs more than 2,400 people. Union Carbide primarily produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume...
biochemist and her mother a schoolteacher. She attended Milton Academy
Milton Academy
Milton Academy is a coeducational, independent preparatory, boarding and day school in Milton, Massachusetts consisting of a grade 9–12 Upper School and a grade K–8 Lower School. Boarding is offered starting in 9th grade...
, then went on to earn an A.B.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
in economics from Dartmouth College
Dartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...
, and an MBA from Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...
, where she is also currently pursuing an M.P.H. [Master of Public Health] as well.
Career
Immediately after graduating from Columbia, Taylor went to work for Smith BarneySmith Barney
Morgan Stanley Smith Barney is a retail brokerage joint venture between Morgan Stanley and Citigroup.On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of...
. Following her career at Smith Barney, Taylor worked for Keyspan Energy.
Following her career in the private sector, Taylor launched a second career in the public sector. She served for several years as the Chief Financial Officer of the Long Island Power Authority
Long Island Power Authority
The Long Island Power Authority or LIPA [ "lie-pah" ], a municipal subdivision of the State of New York, was created under the Long Island Power Act of 1985 to acquire the Long Island Lighting Company 's assets and securities...
. She then moved to the staff of New York Gov. George Pataki
George Pataki
George Elmer Pataki is an American politician who was the 53rd Governor of New York. A member of the Republican Party, Pataki served three consecutive four-year terms from January 1, 1995 until December 31, 2006.- Early life :...
serving as a Deputy Secretary to the Governor (this is equivalent to deputy chief of staff). She first oversaw the state's authorities for Pataki and then moved to become his chief advisor on finance and housing issues.
In 2003, Pataki nominated her as New York State Superintendent of Banks, which is a cabinet position. In this position, Taylor was the head of the New York State Banking Department
New York State Banking Department
The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent...
and Chairwoman of the New York State Banking Board. While at the department she received praise for policing fraud in low-income communities and overhauling the department structure. She also focused on utilizing banks for economic development in low-income communities in New York State.
Taylor worked in Brooklyn
Brooklyn
Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...
's St. Vincent's Hospital in her twenties, and is pursuing an M.P.H. degree from Columbia. She has said that she would like to pursue a career in public health after she leaves state government.
FDIC Chairmanship
It was rumored that Taylor would be nominated by George W. BushGeorge W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
as the Chairwoman and Chief Executive Officer of the Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation is a United States government corporation created by the Glass–Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank. , the FDIC insures deposits at...
(FDIC), but Taylor was never offered the job. Reports said that Taylor had undergone a background check by the Federal Bureau of Investigation
Federal Bureau of Investigation
The Federal Bureau of Investigation is an agency of the United States Department of Justice that serves as both a federal criminal investigative body and an internal intelligence agency . The FBI has investigative jurisdiction over violations of more than 200 categories of federal crime...
(FBI) and had finished the White House
White House
The White House is the official residence and principal workplace of the president of the United States. Located at 1600 Pennsylvania Avenue NW in Washington, D.C., the house was designed by Irish-born James Hoban, and built between 1792 and 1800 of white-painted Aquia sandstone in the Neoclassical...
paperwork for the position. The reports also said that Bush aides were informing U.S. Senate leaders about the nomination and that it would be announced in a few days.
As Mayor Bloomberg unveiled a second-term agenda to cut down on gun violence
Gun violence
Gun violence defined literally means the use of a firearm to threaten or inflict violence or harm. Gun violence may be broadly defined as a category of violence and crime committed with the use of a firearm; it may or may not include actions ruled as self-defense, actions for law enforcement, or...
and the flow of illegal guns into the city, more rumors came about suggesting pressure from the National Rifle Association
National Rifle Association
The National Rifle Association of America is an American non-profit 501 civil rights organization which advocates for the protection of the Second Amendment of the United States Bill of Rights and the promotion of firearm ownership rights as well as marksmanship, firearm safety, and the protection...
caused President Bush not to nominate Taylor. Following the withdrawal of her nomination, Bloomberg cancelled a scheduled appearance at a White House dinner, which would feature the Dance Theatre of Harlem
Dance Theatre of Harlem
Dance Theatre of Harlem is a ballet company and school of the allied arts founded in Harlem, New York City, USA in 1969 by Arthur Mitchell and Karel Shook...
. He instead attended a community meeting in the Bronx.
Taylor's only public comments on the FDIC affair were made at the January meeting of the New York State Banking Board and in an interview with the New York Times.
Personal life
Taylor, a divorcee with no children, met Mayor Bloomberg at a Citizens Budget CommissionCitizens Budget Commission
The Citizens Budget Commission is a nonpartisan, nonprofit civic organization that attempts to influence constructive change in the finances and services of New York City and New York State government.-History:...
event in 2000, where they were seated together. Since then the couple has been together and she acts as an unofficial first lady for the city, joining the mayor at social functions and campaigning with him. She has been frequently seen marching with him in parades citywide.
During the 2005 New York City transit strike
2005 New York City transit strike
The 2005 New York City transit strike was a strike in New York City called by the Transport Workers Union Local 100 . Negotiations for a new contract with the Metropolitan Transportation Authority broke down over retirement, pension, and wage increases. The strike began at 3:00 a.m. EST on...
, Taylor stayed with Bloomberg in the city's Office of Emergency Management headquarters in Brooklyn each night of the strike. During his second inauguration in 2006, Taylor occupied a front row seat with the mayor's mother and daughters.
Both have denied any intentions of marrying.
Potential 2012 Senate race/civic posts
In July 2010, Taylor stated that she believed she would have defeated Sen. Kirsten GillibrandKirsten Gillibrand
Kirsten Elizabeth Rutnik Gillibrand is an attorney and the junior United States Senator from the state of New York and a member of the Democratic Party...
had she run for Gillibrand's U.S. Senate seat that year. However, she ultimately decided not to enter the race. Taylor then commented that she is considering running in 2012.
In her civic life, Taylor serves on non-profit and corporate boards that include the YMCA of Greater New York
YMCA of Greater New York
Not to be confused with the YMHA, the YWHA or the 92nd Street Y.The YMCA of Greater New York is a community service organization that promotes positive values through programs that build spirit, mind and body. The YMCA is welcoming to all New Yorkers, with a focus on the City’s youth. No one is...
, ACCION, Columbia Mailman School of Public Health
Columbia Mailman School of Public Health
The Columbia Mailman School of Public Health is one of the schools of Columbia University in New York City. It is one of the first schools of public health recognized by the Council on Education for Public Health and remains a leading academic and research institution. The beginnings of the school...
, Sotheby's
Sotheby's
Sotheby's is the world's fourth oldest auction house in continuous operation.-History:The oldest auction house in operation is the Stockholms Auktionsverk founded in 1674, the second oldest is Göteborgs Auktionsverk founded in 1681 and third oldest being founded in 1731, all Swedish...
, Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...
, Brookfield Properties
Brookfield Properties
Brookfield Office Properties Inc. is a North American commercial real estate company. Brookfield Asset Management owns fifty percent of its outstanding common shares. The company has its headquarters operations in New York City and Toronto...
and her alma mater Dartmouth