Chasse Rehwinkel

Lecturer

About

Chasse Rehwinkel was appointed Chicago City Comptroller by Mayor Brandon Johnson on July 1, 2023. Previous to his appointment, Mr. Rehwinkel served as the Illinois Director of Banking for four years—appointed by Governor JB Pritzker in June 2019. As Director of Banking, Mr. Rehwinkel focused on major reforms to improve equity in banking and consumer protection. In 2020, Mr. Rehwinkel issued wide ranging guidance and policy relief to help vulnerable Illinoisans during the COVID-19 Global Pandemic, including a forming a multistate agreement with student loan servicers to provide financial relief options on private student loans and a partnership with seven large retail banks to provide free check cashing services on stimulus check for unbanked Illinoisans. In 2021, the Mr. Rehwinkel worked hard to pass the Illinois Community Reinvestment Act (CRA), a state-level examination program that incentivizes bank, credit union and non-bank mortgage lenders to invest in vulnerable Illinois communities and population. The passage of the Illinois CRA made Illinois the first midwestern state to pass a state CRA program and just the second state in the country to include credit unions and non-bank mortgage lenders, as well as banks, in the program's scope. Also during his tenure, Mr. Rehwinkel signed the first de novo bank charter in Illinois in over a decade-which chartered First Women's Bank, a unique women owned and operated bank focused on gender equity.

Prior to his role as Illinois Director of Banking, Mr. Rehwinkel served in both Illinois state fiscal office—first as the Director of Policy for the Illinois State Treasurer and then as the Chief Economist and Director of the Bond Division for the Illinois Office of Comptroller. Mr. Rehwinkel received his Master in Public Policy with a focus in municipal finance from the University of Chicago's Harris School of Public Policy and his Bachelor's Degree from Gettysburg College. Mr. Rehwinkel serves as a board member of the Municipal Employees’ Annuity & Benefit Fund of Chicago, the Laborers’ & Retirement Board Employees’ Annuity & Benefit Fund, the Chicago Firemen’s Annuity & Benefit Fund, and the Illinois Bank On Commission Advisory Board.