Mark Kaufman is currently serving as a Counselor to the Deputy Secretary of the United States Department of Treasury. Prior to joining the Treasury Department, Mr. Kaufman served as Maryland’s Commissioner of Financial Regulation from 2010 to 2014. As Commissioner, he supervised more than 50 state chartered banks, credit unions and trust companies with over $23 billion in assets, as well as nonbank service providers including mortgage lenders and originators, check cashers and money transmitters. Mr. Kaufman served on the board of the national Conference of State Bank Supervisors and as Chair of the group’s Regulatory Committee. He also played a leadership role in the effort to respond to the foreclosure crisis, serving as the only banking commissioner on the oversight committee for the National Mortgage Settlement with more than a dozen Attorneys General from around the nation.
Mr. Kaufman has more than fifteen years of industry experience in banking and financial services. Prior to entering state government, he was a Managing Director in Investment Banking with CIBC World Markets in Baltimore and co-head of the firm's Business Services practice. Previously, he was a Principal in the Investment Banking Division of Alex. Brown & Sons / Deutsche Bank Alex. Brown and earlier was as an Associate in the Treasury at JP Morgan.
Mr. Kaufman holds MBA and MPA degrees from Columbia University and a BA from Brown University, magna cum laude. He also served as a Jacob Javits Fellow on the staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs from 1992 to 1994. He is a member of the Board of Trustees of the Enoch Pratt Free Library in Baltimore, where he previously served as Treasurer.