The Conference of State Bank Supervisors (CSBS) has announced the passing of its longtime general counsel John “Buz” Gorman away after an eight-month battle with glioblastoma.
Gorman started his career at CSBS in 1996 and served as its general counsel for the last 15 years. The organization credited Gorman for his efforts in drafting and implementing the CSBS Nationwide Cooperative Agreement and in creating and launching the Nationwide Multistate Licensing System. He was also cited for his input in developing federal legislation including the Financial Services Regulatory Relief Amendments Act, the Secure and Fair Enforcement for Mortgage Licensing Act and the Dodd-Frank Act.
Prior to joining the CSBS, Gorman was on Capitol Hill as a legislative aide to former Florida Sen. Connie Mack.
“The state regulatory system and the broader financial system will forever be in debt to Buz Gorman,” said CSBS President and CEO Brandon Milhorn. “He was a critical contributor to every major piece of financial services legislation over the past 30 years. Buz will be remembered for his unrivaled knowledge of financial services policy and regulation, but more importantly for his mentorship, friendship, and leadership. He will be greatly missed by his friends and colleagues at CSBS and throughout the state system.”