Daniel K. Tarullo

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Daniel K. Tarullo
Tarullo daniel.jpg
Location Washington, D.C.

Daniel Tarullo is a former member of the Board of Governors of the U.S. Federal Reserve System. He took office on January 28, 2009, to fill an unexpired term ending January 31, 2022. He resigned in April of 2017.

He served as chairman of the board's Committee on Supervision and Regulation, which was responsible for regulating Wall Street banks, and was involved in implementing the Dodd-Frank reforms created after the 2008 financial crisis. He was one of the strongest voices in support of safeguards on big banks to protect against another meltdown.[1]

In February of 2017 he resigned from the board and is scheduled to step down from the position on April 5, 2017. President Barack Obama appointed Tarullo in 2009 for a term that would have expired at the end of January 2022.[2]

Background

Before his appointment to the Fed board, Tarullo was a law professor at Georgetown University, where he taught courses in international financial regulation, international law, and banking law. He had previously held several senior positions in the Clinton administration.

From 1993 to 1998, Tarullo served, successively, as assistant secretary of state for economic and business affairs, deputy assistant to the president for economic policy, and assistant to the president for International economic policy. He also served as a principal on both the National Economic Council and the National Security Council.

From 1995 to 1998, Tarullo also served as President Clinton's personal representative to the G7/G8 group of industrialized nations.[3]

Education

Tarullo received an A.B. from Georgetown University in 1973 and an M.A. from Duke University in 1974. In 1977, he received a J.D. (summa cum laude) from the University of Michigan Law School, where he served as article and book review editor of the Michigan Law Review.

References

  1. Daniel Tarullo, Federal Reserve Regulatory Point Man, to Resign. The Wall Street Journal.
  2. Wall Street's top regulator is resigning from the Fed. Business Insider.
  3. FRB: Daniel K. Tarullo. Board of Governors of the Federal Reserve System.