Laurie S. Schaffer, Treasury Acting General Counsel

Summary

Biography of Laurie S. Schaffer as Acting General Counsel of the U.S. Department of the Treasury, its chief legal officer and head of the Treasury Legal Division. It says she advises the Treasury Secretary and senior officials on domestic finance, international economic affairs, tax policy, terrorism finance and financial crimes enforcement. Before joining Treasury she was Deputy General Counsel in the Legal Division of the Federal Reserve Board, where she managed the Banking Regulation and Policy Group. From 2008-2011 she served as Treasury's Assistant General Counsel for Banking and Finance, working on the response to the financial crisis and on the Dodd-Frank Wall Street Reform and Consumer Protection Act. She is a graduate of Fordham University Law School and the American University, School of International Service.

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Full text

                                   Biography
                             Laurie S. Schaffer
                             Acting General Counsel
                             U.S. Department of the Treasury

                            As Acting General Counsel, Laurie S. Schaffer is the
                            chief legal officer of the U.S. Department of the
                            Treasury. She provides legal and policy counseling and
                            advice to the Treasury Secretary and other senior
                            Treasury officials on a wide range of issues, relating to
                            domestic finance, international economic affairs, tax
                            policy, terrorism finance, and financial crimes
                            enforcement. She is also the head of the Treasury Legal
Division, a separate bureau within Treasury that includes all legal counsel of the
Treasury Department.
Prior to joining the Treasury Department, Ms. Schaffer served as the Deputy General
Counsel in the Legal Division of the Federal Reserve Board. In that role, she
managed the Banking Regulation and Policy Group which has responsibility for the
legal work related to supervision and regulation of banking organizations, as well as
the review and management of various banking applications. Ms. Schaffer
previously served from 2008-2011 in the Treasury Department as the Assistant
General Counsel for Banking and Finance. She played a critical role in the
Department response to the financial crisis and in the drafting the Administration’s
regulatory reform legislation and providing legal and policy support during
congressional consideration of the Dodd-Frank Wall Street Reform and Consumer
Protection Act. Ms. Schaffer is a graduate of Fordham University Law School and
the American University, School of International Service.

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