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ARTICLE · 24 FEBRUARY 2017

Federal Reserve Governor Tarullo Resigns

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Board of Governors of the Federal Reserve System ("Board") Governor Daniel K. Tarullo submitted his resignation letter to President Trump. The resignation is effective April 5, 2017.

United StatesFinance and Banking
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Board of Governors of the Federal Reserve System ("Board") Governor Daniel K. Tarullo submitted his resignation letter to President Trump. The resignation is effective April 5, 2017. Governor Tarullo's departure will leave the Board with three vacancies.

Governor Tarullo served as Chair of the Board's Committee on Supervision and Regulation and Chair of the Financial Stability Board's Standing Committee on Supervisory and Regulatory Cooperation. He also served as the informal "Vice Chairman of Supervision," a Dodd-Frank created position that was never filled by President Obama. In that capacity, Governor Tarullo has been recognized as the architect of much of the Board's post-crisis policy and regulatory decision-making.

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