Stinson Leonard Street LLP is proud to announce that Tim McTaggart has joined the firm as a partner in the banking and financial services division. McTaggart will practice in the firm’s Washington, DC office.
McTaggart brings decades of transactional, regulatory and enforcement experience. He has represented banks and financial institutions before dozens of state and federal regulatory agencies and banking departments, including the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System. He also has deep experience working with government sponsored entities in the housing finance sector.
Earlier in his career, McTaggart served as the Delaware State Bank Commissioner and as Counsel to the U.S. Senate Banking Committee. As state commissioner, he supervised and set policy for retail banks, trust companies, wholesale banks, credit card banks, savings banks, mortgage companies and other nonbanking entities. He also administered escheat laws and the bank franchise tax for all financial institutions doing business in Delaware.
Stinson Leonard Street’s banking and financial services practice provides a full range of legal services to hundreds of financial institutions from large national organizations to regional and community banks, credit unions, industrial loan and thrift companies, private institutional and asset managers, and government entities.
“We are very excited to add an attorney of Timothy’s caliber to our team,” said Bob Monroe, the chair of the banking and financial services division at Stinson Leonard Street. “Our banking clients will benefit from both his experience in front of federal regulatory agencies and from his time setting policy for hundreds of banks as Delaware State Bank Commissioner.”
McTaggart is active in both the bar and the community. He is the past chair of the Trust and Investment Services Subcommittee of the American Bar Association’s (ABA) Banking Law Committee and a member of the ABA’s Consumer Financial Services Committee. He also serves on boards of directors for several nonprofit educational and cultural organizations in the Washington, DC area. He earned his J.D. from Harvard Law School.
Source: www.stinson.com
