Murphy Taps Caride to Head the State Department of Banking and Insurance

Governor-elect Phil Murphy will turn to Assemblywoman Marlene Caride (D-36) to head the state Department of Banking and Insurance, sources say.

The news this morning came after significant back war rumblings in Bergen about Caride and where she would land in the administration, and increasing rumination among Latino activist groups about Hispanic representation in the cabinet.

The assemblywoman emerged on the Trenton scene after Democrats won the 2011 redistricting map on condition that those party leaders in so-called majority minority districts stock the statehouse with more Hispanics, an emergent voting population in New Jersey.

Bergen, Passaic and Hudson Democrats offered Cuban American Caride, the prosecutor in West New York who would go on to serve as a member of the joint legislative committee investigating Bridgegate and chair of the education committee, and emerge in 2017 as a Murphy short-list candidate for lieutenant governor.

Sources say Murphy’s choice of Caride this week comes as Latino action groups prepared to get vocal about the Governor-elect’s need to appoint an Hispanic cabinet member. Caride failed to out-duel Assemblywoman Sheila Oliver (D-34) for the LG position, and then Hudson County Prosecutor Esther Suarez failed to land attorney general.

Caride is a member of Latino action network LUPE-PAC, which asked Murphy World for Latina representation in the cabinet.

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