Adeyemo, who is 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.
US
President-Elect, Joe Biden, is set to announce a Nigerian-born attorney,
Adewale ‘Wally’ Adeyemo, as deputy Treasury secretary, US-based media Politico
reported on Sunday.
Adeyemo’s
appointment is one of many key 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.
Before his
appointment into the Obama administration, Adeyemo worked as an editor at the
Hamilton Project, then served as senior advisor and deputy chief of staff to
Jack Lew in the United States Department of Treasury.
He later
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.
In 2015, he
was appointed to concurrently serve as Deputy National Security Advisor for
International Economics and deputy director of the National Economic Council.
He went on to
become the first president of the Obama Foundation.
According to
Politico, Biden is also expected to name Cecilia Rouse, an African American
economist at Princeton University, to lead the Council of Economic Advisers.
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