NY S09156

Establishes the office of financial resilience within the Department of Financial Services with a chief financial resilience officer and chief cooperative economist appointed by the superintendent.

Directs the office to develop programs supporting local economies and resilient financial models, including community currencies, blockchain-backed solutions, and cooperative and peer-to-peer economic systems.

Authorizes the office to conduct financial workshops, provide assistance and guidance to communities building cooperative systems, and help communities connect unmet needs with resources.

Empowers the office to advocate on behalf of blockchain startups and companies focused on supporting local economies.

Takes effect immediately upon enactment.