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Joe Biden Breaks Racial Barrier as he appoints Nigerian born Adewale “Wally” Adeyemo for Deputy Treasury Secretary

Adewale “Wally” Adeyemo (born 1981) is a Nigerian-American economic and political advisor. Adeyemo was Born in Nigeria but raised in the U.S. He was the first president of the Obama Foundation, and is President-elect Joe Biden’s nominee for United States Deputy Secretary of the Treasury.

During the Obama administration, Adeyemo was the Deputy National Security Advisor for International Economics from 2015 to 2016 and Deputy Director of the National Economic Council. Adeyemo also served as the President’s representative to the G7 and G20 and held several senior management positions at the U.S Department of the Treasury, including senior adviser and deputy chief of staff, as well as chief negotiator for the Trans- Pacific Partnership’s provisions on macroeconomic policy.

President-elect Joe Biden’s incoming economic team unveiled Tuesday pledged to take urgent action as soon as they are sworn in to correct an economy struggling from the global coronavirus pandemic.

In Biden’s team is Nigerian-born Adewale Adeyemo, who would serve as the new Deputy Treasury Secretary. Adeyemo will work with Janet Yellen, the nominee for Treasury Secretary. He’d be the first Black person to serve in the role.

“The challenges before us today are unlike anything we have ever faced”, Adewale, better known as Wally Adeyemo told the audience.

“… I know that what the President-elect so often reminds us of is true. The American people can do anything when given a chance. And I’m honored to be a part of this talented team and to work with them and all the American people to build an economy that gives everyone that chance and turns our nation once again from crisis to hope. ” he added.

Adewale Adeyemo tweeted “Public service is about offering hope through the dark time and making sure that our economy works not just for the wealthy, but for the hard working who make it run.

As Deputy Treasury Secretary, I look forward to helping us build back our economy better.

Moments after, Biden’s choice to run the White House budget office said social programs helped her family when she was a young girl being raised by a single mother in a Boston suburb and she pledged to promote those same programs when she’s in office.

Neera Tanden said her mother faced hard choices after divorce left her to raise two young children. She said her family survived on food stamps and federal housing vouchers until her mother got a job and eventually bought a house.

Tanden said she wants to give people the same chance at a fair shot.

The new administration would be sworn in on 20 January 2021.