May 6, 2021

Biden: Nigerian-Born Lawyer Adewale, To Be Appointed As US Deputy Treasury Secretary

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The American President-Elect, Joe Biden, is about to announce the appointment of a Nigerian-born legal practitioner, Adewale ‘Wally’ Adeyemo, as deputy Treasury secretary, US-based media Politico reported on Sunday.

Adewale Adeyemo's File Photo
Adewale Adeyemo’s File Photo

Adewale Adeyemo delivered a speech entitled, “The G-7 and the Global Economy” at a Peterson Institute for International Economics.

He was a former senior international economic adviser during the Obama administration, will serve under former Federal Reserve Chair Janet Yellen, who Biden plans to appoint to lead the US Treasury Department.

The appointment is one of vital cabinet positions Biden is expected to announce in the coming days.

Born in Nigeria, Adeyemo was raised in California where he obtained a bachelor’s degree before proceeding to Yale Law School for his legal education.

According to the source, Before his appointment into the Obama administration, Adeyemo worked as an editor at the Hamilton Project, served as senior advisor and deputy chief of staff to Jack Lew in the United States Department of Treasury.

Also, he worked as the chief negotiator for the Trans-Pacific Partnership and also served as the first chief of staff of the Consumer Financial Protection Bureau under Elizabeth Warren.

He was appointed to concurrently serve as Deputy National Security Advisor for International Economics and deputy director of the National Economic Council in 2015

He went ahead to become the first president of the Obama Foundation.

Politico stated in a report, that Biden is will also positioned Lady Cecilia Rouse, an African American economist at Princeton University, as head of the Council of Economic Advisers.

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