The League of Southeastern Credit Unions &Affiliates is working to set up a meeting with the new Commissioner for the Florida Office of Financial Regulation after an unexpected appointment yesterday.
The Florida Cabinet met for less than five minutes Monday before naming Russell Weigel the new commissioner.
“The move was unexpected as just last week, the Cabinet had discussed reopening the search,” Jared Ross, executive vice president of advocacy at LSCU & Affiliates, wrote in an email update to Florida credit unions. “The League has already spoken to Director of Financial Institutions Jeremy Smith and OFR Chief of Staff Abby Vail to work on setting up meetings with Commissioner Weigel.”
No start date has been set for Weigel’s appointment. He’ll need to wind down his law practice before serving as commissioner.
Weigel succeeds Ronald Rubin as commissioner of the Office of Financial Regulation, according to a Florida Politics article. The position has been open since July, when Gov. Ron DeSantis and the Cabinet fired Rubin after receiving complaints of sexual harassment.