Wally Adeyemo
Official portrait, 2021

15th United States Deputy Secretary of the Treasury
Incumbent
Assumed office March 26, 2021
President	Joe Biden
Secretary	Janet Yellen
Preceded by	Justin Muzinich
President of the Obama Foundation
In office August 1, 2019 – March 25, 2021
Preceded by	Position established
Succeeded by	Valerie Jarrett
United States Deputy National Security Advisor for International Economics
In office 2015–2016
President	Barack Obama
Preceded by	Caroline Atkinson
Succeeded by	Daleep Singh (2021)

Personal details
Born	Adewale Adeyemo (1981-05-20) May 20, 1981 (age 42) Ibadan, Nigeria
Political party	Democratic
Education	University of California, Berkeley (BA) Yale University (JD)

Adewale O. "Wally" Adeyemo (born May 20, 1981) is an American government official serving as the United States deputy secretary of the treasury.^[1] He was the first president of the Obama Foundation and also served during the Obama administration as the deputy national security advisor for international economics from 2015 to 2016 and deputy director of the National Economic Council.^[2]^[3]

Early life and education

Adeyemo was born to Yoruba parents in Ibadan, Nigeria, and raised in Southern California.^[3]^[4]^[5] His father was a teacher and his mother was a nurse. He has two younger siblings.^[6] After graduating from Eisenhower High School in Rialto, California in 1999,^[7] he received a bachelor of arts degree from the University of California, Berkeley in 2004 and a juris doctor degree from Yale Law School in 2009.^[3]^[8]

Early career

Adeyemo served as the director of African American outreach for the John Kerry 2004 presidential campaign in California and was based in the San Francisco office.^[9]

Prior to joining the Obama administration, Adeyemo worked as an editor at the Hamilton Project. Adeyemo then served as senior advisor and deputy chief of staff to Jack Lew in the United States Department of the Treasury.^[10] Adeyemo later worked as a negotiator on the Trans-Pacific Partnership. He also served as the first chief of staff of the Consumer Financial Protection Bureau under Elizabeth Warren.

Obama administration

In November 2014, Adeyemo was nominated to be Assistant Secretary of the Treasury for International Markets^[11] at the same time that the incumbent assistant Secretary, Marisa Lago, was nominated to be a Deputy United States Trade representative.^[12] He appeared before the Senate Committee on Banking, Housing, and Urban Affairs in September 2015,^[13] but the committee did not advance his nomination to the full Senate. The nomination was withdrawn by President Obama in December 2015.^[14]

Adeyemo was instead selected to concurrently serve as Deputy National Security Advisor for International Economics and deputy director of the National Economic Council in 2015, serving until 2016. During his tenure, he was the president's representative to the G7 and G20 and held several senior management positions at the Department of the Treasury, including senior adviser and deputy chief of staff, and chief negotiator for the Trans-Pacific Partnership’s provisions on macroeconomic policy.^[2]

Out of government

Adeyemo worked at BlackRock for two years from 2017, serving as a senior advisor, having previously been interim chief of staff for the firm's CEO, Laurence D. Fink.^[15]^[16] On August 1, 2019, Adeyemo was selected as the first president of the Obama Foundation.^[17]

Deputy secretary of the treasury

Nomination

In November 2020, it was announced that Adeyemo would be nominated to serve as United States Deputy Secretary of the Treasury in the Biden administration.^[18]^[19] On January 20, 2021, his nomination was submitted to the Senate for confirmation.^[20] A hearing before the Senate Committee on Finance was held on February 23, 2021; his nomination was reported out of committee by voice vote on March 3.^[21]^[22] On March 25, 2021, he was confirmed by the Senate, also by voice vote.^[20]

Tenure

On March 26, 2021, he was sworn into office by Secretary Janet Yellen.^[23] Deputy Secretary Adeyemo has been heavily involved in sanctions enforcement in 2022, visiting^[24] and speaking with^[25] foreign regulators to encourage their cooperation.

References

External links

Barack Obama's Executive Office of the President

Office	Name	Term	Office	Name	Term
White House Chief of Staff	Rahm Emanuel	2009–10	National Security Advisor	James L. Jones	2009–10
	Pete Rouse	2010–11		Thomas E. Donilon	2010–13
	William M. Daley	2011–12		Susan Rice	2013–17
	Jack Lew	2012–13	Deputy National Security Advisor	Thomas E. Donilon	2009–10
	Denis McDonough	2013–17		Denis McDonough	2010–13
White House Deputy Chief of Staff for Policy	Mona Sutphen	2009–11		Antony Blinken	2013–14
	Nancy-Ann DeParle	2011–13		Avril Haines	2015–17
	Rob Nabors	2013–15	Dep. National Security Advisor, Homeland Security	John O. Brennan	2009–13
White House Deputy Chief of Staff for Operations	Jim Messina	2009–11		Lisa Monaco	2013–17
	Alyssa Mastromonaco	2011–14	Dep. National Security Advisor, Iraq and Afghanistan	Douglas Lute†	2009–13
	Anita Decker Breckenridge	2014–17	Dep. National Security Advisor, Strategic Comm.	Ben Rhodes	2009–17
White House Deputy Chief of Staff for Planning	Mark B. Childress	2012–14	Dep. National Security Advisor, Chief of Staff	Mark Lippert	2009
	Kristie Canegallo	2014–17		Denis McDonough	2009–10
Counselor to the President	Pete Rouse	2011–13		Brooke D. Anderson	2011–12
	John Podesta	2014–15	White House Communications Director	Ellen Moran	2009
Senior Advisor to the President	David Axelrod	2009–11		Anita Dunn	2009
	David Plouffe	2011–13		Daniel Pfeiffer	2009–13
	Daniel Pfeiffer	2013–15		Jennifer Palmieri	2013–15
	Shailagh Murray	2015–17		Jen Psaki	2015–17
Senior Advisor to the President	Pete Rouse	2009–10	Deputy White House Communications Director	Jen Psaki	2009–11
	Brian Deese	2015–17		Jennifer Palmieri	2011–14
Senior Advisor to the President and	Valerie Jarrett	2009–17		Amy Brundage	2014–16
Assistant to the President for				Liz Allen	2016–17
Public Engagement and Intergovernmental Affairs			White House Press Secretary	Robert Gibbs	2009–11
Director, Public Engagement	Tina Tchen	2009–11		Jay Carney	2011–13
	Jon Carson	2011–13		Josh Earnest	2013–17
	Paulette L. Aniskoff	2013–17	Deputy Press Secretary	Bill Burton	2009–11
Director, Intergovernmental Affairs	Cecilia Muñoz	2009–12		Josh Earnest	2011–13
	David Agnew	2012–14		Eric Schultz	2014–17
	Jerry Abramson	2014–17	Director of Special Projects	Stephanie Cutter	2010–11
Director, National Economic Council	Lawrence Summers	2009–10	Director, Speechwriting	Jon Favreau	2009–13
	Gene Sperling	2011–14		Cody Keenan	2013–17
	Jeffrey Zients	2014–17	Director, Digital Strategy	Macon Phillips	2009–13
Chair, Council of Economic Advisers	Christina Romer	2009–10	Chief Digital Officer	Jason Goldman	2015–17
	Austan Goolsbee	2010–13	Director, Legislative Affairs	Phil Schiliro	2009–11
	Jason Furman	2013–17		Rob Nabors	2011–13
Chair, Economic Recovery Advisory Board	Paul Volcker	2009–11		Katie Beirne Fallon	2013–16
Chair, Council on Jobs and Competitiveness	Jeff Immelt	2011–13		Miguel Rodriguez	2016
Director, Domestic Policy Council	Melody Barnes	2009–12		Amy Rosenbaum	2016–17
	Cecilia Muñoz	2012–17	Director, Political Affairs	Patrick Gaspard	2009–11
Director, Office of Faith-Based and Neighborhood Partnerships	Joshua DuBois	2009–13		David Simas	2011–16
	Melissa Rogers	2013–17	Director, Presidential Personnel	Nancy Hogan	2009–13
Director, Office of Health Reform	Nancy-Ann DeParle	2009–11		Johnathan D. McBride	2013–14
Director, Office of National AIDS Policy	Jeffrey Crowley	2009–11		Valerie E. Green	2014–15
	Grant N. Colfax	2011–13		Rodin A. Mehrbani	2016–17
	Douglas M. Brooks	2013–17	White House Staff Secretary	Lisa Brown	2009–11
Director, Office of Urban Affairs	Adolfo Carrión Jr.	2009–10		Rajesh De	2011–12
	Racquel S. Russell	2010–14		Douglas Kramer	2012–13
	Roy Austin Jr.	2014–17		Joani Walsh	2014–17
Director, Office of Energy and Climate Change Policy	Carol Browner	2009–11	Director, Management and Administration	Bradley J. Kiley	2009–11
White House Counsel	Greg Craig	2009–10		Katy A. Kale	2011–15
	Bob Bauer	2010–11		Maju Varghese	2015–17
	Kathryn Ruemmler	2011–14	Director, Scheduling and Advance	Alyssa Mastromonaco	2009–11
	Neil Eggleston	2014–17		Danielle Crutchfield	2011–14
White House Cabinet Secretary	Chris Lu	2009–13		Chase Cushman	2014–17
	Danielle C. Gray	2013–14	Director, White House Information Technology	David Recordon	2015–17
	Broderick D. Johnson	2014–17	Director, Office of Administration	Cameron Moody	2009–11
Personal Aide to the President	Reggie Love	2009–11		Beth Jones	2011–15
	Brian Mosteller	2011–12		Cathy Solomon	2015–17
	Marvin D. Nicholson	2012–17	Director, Office of Science and Technology Policy	John Holdren	2009–17
Director, Oval Office Operations	Brian Mosteller	2012–17	Chief Technology Officer	Aneesh Chopra	2009–12
Personal Secretary to the President	Katie Johnson	2009–11		Todd Park	2012–14
	Anita Decker Breckenridge	2011–14		Megan Smith	2014–17
	Ferial Govashiri	2014–17	Director, Office of Management and Budget	Peter R. Orszag	2009–10
Chief of Staff to the First Lady	Jackie Norris	2009		Jack Lew	2010–12
	Susan Sher	2009–11		Jeffrey Zients	2012–13
	Tina Tchen	2011–17		Sylvia Mathews Burwell	2013–14
White House Social Secretary	Desirée Rogers	2009–10		Brian Deese	2014
	Julianna Smoot	2010–11		Shaun Donovan	2014–17
	Jeremy Bernard	2011–15	Chief Information Officer	Vivek Kundra	2009–11
	Deesha Dyer	2015–17		Steven VanRoekel	2011–14
Chief of Staff to the Vice President	Ron Klain	2009–11		Tony Scott	2015–17
	Bruce Reed	2011–13	United States Trade Representative	Ron Kirk	2009–13
	Steve Ricchetti	2013–17		Michael Froman	2013–17
White House Chief Usher	Stephen W. Rochon†	2009–11	Director, Office of National Drug Control Policy	Gil Kerlikowske	2009–14
	Angella Reid	2011–17		Michael Botticelli	2014–17
Director, White House Military Office	George Mulligan	2009–13	Chair, Council on Environmental Quality	Nancy Sutley	2009–14
	Emmett Beliveau	2013–15		Michael Boots	2014–15
	Dabney Kern	2016–17		Christy Goldfuss	2015–17

† Remained from previous administration.

United States Department of the Treasury

United States Department of the Treasury
Headquarters: Treasury Building and Freedman's Bank Building Janet Yellen, Secretary of the Treasury Wally Adeyemo, Deputy Secretary of the Treasury
Deputy Secretary of the Treasury	Alcohol and Tobacco Tax and Trade Bureau Community Development Financial Institutions Fund Internal Revenue Service Treasury Inspector General for Tax Administration Office of Inspector General Office of the Comptroller of the Currency Office of Tax Policy
Under Secretary of the Treasury for International Affairs	Office of East Asia Office of South and Southeast Asia Nations Office of Europe & Eurasia Office of the Western Hemisphere Office of International Monetary Policy Office of Banking and Securities Office of International Debt Policy Office of Development Policy Office of Financing Operations Office of African Nations Office of the Middle East and North Africa Office of International Trade Office of International Investment Office of Trade Finance Office of Technical Assistance Office of Risk and Research Analysis Exchange Stabilization Fund
Under Secretary of the Treasury for Domestic Finance	Advanced Counterfeit Deterrence Federal Financing Bank Office of Debt Management Office of Financial Institutions Office of Financial Markets Office of Financial Stability Office of Fiscal Service Bureau of the Fiscal Service
Under Secretary of the Treasury for Terrorism and Financial Intelligence	Office of Terrorism and Financial Intelligence Office of Terrorist Financing and Financial Crimes Office of Intelligence and Analysis Office of Foreign Assets Control Financial Crimes Enforcement Network Treasury Executive Office for Asset Forfeiture
Treasurer of the United States	Bureau of Engraving and Printing United States Mint

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