Daniel Tarullo, Wall Street's top regulator, quits Fed in boon to Trump

By Jesse Hamilton
Updated February 11 2017 - 6:16pm, first published 10:01am
Tarullo, 64, is leaving well short of the 2022 end of his term. His time on the Fed board came during one of the busiest periods in the central bank's history. Photo: Michael Nagle
Tarullo, 64, is leaving well short of the 2022 end of his term. His time on the Fed board came during one of the busiest periods in the central bank's history. Photo: Michael Nagle
Tarullo's departure means Donald Trump will soon get to fill three of the Fed's seven board positions, including that of chair Janet Yellen, whose term ends next February. Photo: Cliff Owen
Tarullo's departure means Donald Trump will soon get to fill three of the Fed's seven board positions, including that of chair Janet Yellen, whose term ends next February. Photo: Cliff Owen

Daniel Tarullo, the Federal Reserve official who spearheaded the push to make banks safer after the 2008 financial crisis, plans to step down in early April, amplifying President Donald Trump's ability to reshape the central bank's oversight of Wall Street and monetary policy.

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