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Daniel K. Tarullo (born November 1952) is a former member of the Board of Governors of the United States Federal Reserve Board since January 28, 2009,[1] in which capacity he served as the chairman of the Federal Financial Institutions Examination Council (FFIEC).[2] In February 2017, Tarullo announced his intention to resign from the Board of Governors in early April 2017.[3]

Daniel Tarullo
Daniel Tarullo.jpg
Member of the Board of Governors of the Federal Reserve
In office
January 28, 2009 – April 5, 2017
PresidentBarack Obama
Donald Trump
Succeeded byRichard Clarida
Personal details
BornNovember 1952 (age 66)
Boston, Massachusetts, U.S.
Political partyDemocratic
Alma materGeorgetown University (B.A.)
Duke University (M.A.)
University of Michigan, Ann

He is also a professor at the Georgetown University Law Center. He specializes in international economic regulation, banking law, and international law.


Early lifeEdit

Tarullo was born in Boston, Massachusetts, and graduated from the prestigious Roxbury Latin School in 1969. He received a B.A. from Georgetown University in 1973 and an M.A. at Duke University in 1974. He graduated summa cum laude in 1977 from the University of Michigan Law School.[4]


Tarullo worked in the Antitrust Division of the U.S. Department of Justice and as Special Assistant to the Undersecretary of Commerce. He taught at Harvard Law School early in his career and later served as Chief Counsel for Employment Policy on the staff of Senator Edward M. Kennedy and practiced law in Washington, D.C.

He served in the Clinton Administration as Deputy Assistant to the President for Economic Policy and later as Assistant to the President for International Economic Policy where he was responsible for coordinating the international economic policy of the administration. He was a member of the National Economic Council and the National Security Council. He was also Assistant Secretary of State for Economic and Business Affairs from 1993 to 1996.

Tarullo served as a senior fellow at the Council on Foreign Relations and as a senior fellow at the Center for American Progress.[5] During 2005 he was the chair the Economic Security group of the Princeton Project on National Security.

Shortly after he took office, President Barack Obama nominated Tarullo to the Board of Governors of the Federal Reserve. He took office on January 28, 2009, to fill an unexpired term ending January 31, 2022.[1]

On January 3, 2014, Daniel Tarullo administered the oath of office to Janet Yellen, as Chairman of the Federal Reserve, as she took office, replacing Ben Bernanke, who joined the Brookings Institution, as a distinguished fellow in residence.[6]

Articles and editorial workEdit


  • Runs the bi-monthly World Economic Update, a forum sponsored by the Council on Foreign Relations for debate on the United States and global economies among leading economists.
  • Serves on the editorial advisory board of The International Economy and the Advisory Committee of Transparency International.


  • "Reforming the World Bank and IMF", August 2, 2007
  • "Laboring for Trade Deals: Trade Agreements and Labor Rights", March 28, 2007
  • "The Case for Reviving the Doha Trade Round", January 8, 2007


  1. ^ a b "Board Members - Daniel K. Tarullo". Board of Governors of the Federal Reserve System. Archived from the original on 2015-11-15. Retrieved 11 January 2014.
  2. ^ "Members of the FFIEC". FFIEC. Retrieved 13 April 2015.
  3. ^ "FRB: Press Release--Daniel K. Tarullo submits resignation as a member of the Board of Governors, effective on or around April 5, 2017--February 10, 2017". Retrieved 2017-02-12.
  4. ^ "FRB: Daniel K. Tarullo". Archived from the original on 2017-01-24. Retrieved 2017-02-12.
  5. ^ "CAP Senior Fellow Daniel Tarullo Named to Federal Reserve Board". Center for American Progress. December 18, 2008. Retrieved 11 January 2014.
  6. ^ "Yellen Sworn In As Fed Chairman As Bernanke Joins Brookings". Retrieved 3 February 2014.

External linksEdit