![]() Adeyemo would be the first black deputy of the department and he would be working alongside Janet L. In late 2020, President-Elect Joseph Biden nominated Adeyemo to be Deputy Secretary of Treasury. In 2019 he became the inaugural president of the Obama Foundation. Once the Trump administration began in 2017, Adeyemo began working as a senior advisor at the investment house, BlackRock, one of largest asset managers in the world, and the Center for Strategic and International Studies. Adeyemo’s responsibilities included serving as the senior international economic adviser, representing the former president at the G7 and G20 summits, and promoting international economic policy discourse. Two years later the Obama administration named Adeyemo Deputy National Security Adviser for International Economics and Deputy Director of the National Economic Council. While in this position Adeyemo was chief negotiator for the Trans-Pacific Partnership, a proposed trade agreement between numerous countries. Adeyemo emerged into the role of deputy chief of staff at the Treasury in 2013 and served under Jacob J. Geithner and shortly after transitioned to working as chief of staff at the newly formed Consumer Financial Protection Bureau under Elizabeth Warren. In 2009, Adeyemo worked at the Treasury Department as deputy executive secretary to Secretary Timothy F. He was later involved in the presidential campaigns of both John Edwards and Barack Obama. Adeyemo’s venture into politics began when he worked on John Kerry’s presidential campaign as the Director of African American Outreach. He earned his Bachelor of Arts from the University of California, Berkeley and subsequently obtained a law degree from Yale University. In late 2020, Adeyemo was nominated by President-Elect Joseph Biden to become the first black Deputy Secretary of Treasury.Īdeyemo was born in Nigeria in 1981 but was later raised in Southern California alongside his younger brother and sister. He is best known for serving as Deputy National Security Adviser for International Economics and Deputy Director of the National Economic Council during President Barack Obama’s administration. Adewale “Wally” Adeyemo is a Nigerian-American economist. Finally, the Deputy Secretary also discussed global macroeconomic developments with his counterparts. The Deputy Secretary also discussed investment security, including ensuring that US, UK, and European intellectual and financial capital are not used to support the development of critical technologies used by foreign adversaries. ![]() and Europe as countries work together to transition to the clean energy economy. This includes the Inflation Reduction Act’s historic climate change investment that will help the United States hit its climate goals by 2030 and create economic opportunity and growth in the U. While in Europe, Deputy Secretary Adeyemo and his counterparts discussed global economic conditions and climate issues. The Deputy Secretary also met with executives from the financial and energy sectors to to hear their perspectives on reducing Putin’s revenues to help ensure Russia does not profit from the brutal war against Ukraine. WASHINGTON - Deputy Secretary of the Treasury Wally Adeyemo traveled to Paris, France, London, UK, and Brussels, Belgium from November 7 - 9 to continue close coordination with foreign counterparts on economic measures - including sanctions and export controls - to counter Russia’s war, implementation of the price cap on Russian oil, and economic assistance for the Ukrainian people.
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