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Bill

NM 214

Lcda. Mónica Rodríguez Villa como Comisionada de Instituciones Financieras.

2025-2028 Session

Nomination NM 214 seeks Senate confirmation of Mónica Rodríguez Villa as Commissioner of Financial Institutions, enabling oversight of banks, lenders, and consumer protection.

Notificado a la Gobernadora
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WeVote Research Nonpartisan
Bill Summary · NM 214

Summary — NM 214: Nomination of Lcda. Mónica Rodríguez Villa as Comisionada de Instituciones Financieras

Overview

  • Bill number: NM 214
  • Title: Lcda. Mónica Rodríguez Villa como Comisionada de Instituciones Financieras
  • Classification: Appointment (nomination for an executive office)
  • Introduced / Nominated: July 1, 2025
  • Current status: Notified to the Governor (Notificado a la Gobernadora) — 2025-09-08

Purpose and intent

NM 214 is not a policy or appropriations bill but a formal nomination for appointment. Its purpose is to place Lcda. Mónica Rodríguez Villa in the statutory office of Comisionada de Instituciones Financieras (Commissioner of Financial Institutions). The nomination seeks legislative confirmation of the Governor’s nominee to lead the regulatory agency responsible for supervising financial institutions.

Key procedural actions (timeline)

  • 2025-07-01 — Nomination filed.
  • 2025-08-18 — Referred to committee(s) for review.
  • 2025-09-08 — Committee issued a first report recommending confirmation.
  • 2025-09-08 — Referred to Senate Rules and Calendar Committee; placed on the Senate Special Orders calendar.
  • 2025-09-08 — Confirmed by the Senate.
  • 2025-09-08 — Notification transmitted to the Governor (formal notice that the Senate confirmed the nominee).

What the office does / Who is affected

While NM 214 itself only concerns the appointment, the Commissioner of Financial Institutions typically oversees:
- Supervision, licensing and regulation of banks, credit unions, finance companies, mortgage lenders, money transmitters and other regulated financial entities.
- Enforcement of banking and consumer-finance laws, including consumer protection and anti‑money‑laundering compliance.
- Policy decisions affecting regulation, licensing approvals, examinations, enforcement actions and supervisory guidance.

Affected parties include regulated financial institutions, their customers/consumers, industry stakeholders, state regulators, and agency staff.

Next steps and procedural notes

  • The Senate has confirmed the nominee; the matter has been sent to the Governor for final action. Depending on jurisdictional procedure, the Governor may formally appoint and the nominee may take an oath of office, or additional administrative steps may be required before the nominee assumes duties.

Potential impact

  • A new Commissioner can influence enforcement priorities, regulatory interpretation, licensing decisions, supervisory intensity, and consumer‑protection initiatives. Immediate statutory powers and term length derive from existing law governing the Commissioner’s office; NM 214 does not amend those laws, only seeks confirmation of the nominee.

Compiled from official sources — confirm details with the bill’s official record.

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