Daniel Tarullo, an economic adviser to Barack Obama, is the U.S. president-elect's nominee to be a Federal Reserve governor.

If his nomination is approved by the U.S. Senate, Tarullo would return to public service in Washington, having served in several positions under former President Bill Clinton, said the Web site of the Center for American Progress, a think tank where he is a fellow.

Besides banking law, Tarullo teaches in the areas of international economic regulation and international law. During the 2005 fall semester he was a visiting professor at Harvard Law School and a Frederick H. Schultz professor of International Economic Policy at Princeton University during the 2004 fall semester.

In the Clinton administration, Tarullo was assistant to the president for international economic policy and responsible for coordinating the international economic policy of the administration, his biography said. He also was on the National Economic Council and the National Security Council.

Tarullo also was deputy assistant to the president for economic policy, with an emphasis in regulatory and international issues.

From 1993-1996, he was Clinton's assistant secretary of state for economic and business affairs. In March 1995, Clinton appointed Tarullo as his personal representative to the Group of Seven and Group of Eight organization of industrialized nations, responsible for coordinating U.S. positions for the annual summits.