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An official website of the United States Government
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BREADCRUMB

 1. Home
 2. About
 3. General Information
 4. Officials
 5. Deputy Secretary




ABOUT

 * General Information
   * Role of the Treasury
   * Officials
     * Secretary
     * Deputy Secretary
     * Treasurer
   * Organizational Chart
   * Orders and Directives
 * Offices
 * Bureaus
 * Budget, Financial Reporting, Planning and Performance
 * History
 * Careers at Treasury


WALLY ADEYEMO

Deputy Secretary of the Treasury

On March 26, 2021, Wally Adeyemo was sworn in as Deputy Secretary of the
Treasury. He has been at the center of many of the country’s major economic
policy decisions since the 2008 Financial Crisis and has worked in organizations
across the public, private, and non-profit sectors to build a stronger and
fairer economy.

As Deputy Secretary, Adeyemo serves as the Treasury Department’s number two
official and chief operating officer. Adeyemo has taken a leading role in
Treasury’s national security, economic inequality, and pandemic-related economic
recovery work, while supporting the Secretary in driving the Department’s
fundamental mission: promoting economic growth and ensuring the financial
security of the United States.

This is Adeyemo’s second tour at the Treasury Department. His first began in the
early days of the Obama Administration, during the depths of the Great
Recession. Rising through a variety of leadership roles at Treasury, Adeyemo
became Senior Advisor and Deputy Chief of Staff under Secretary Tim Geithner and
Secretary Jack Lew, as well as chief negotiator for the Trans-Pacific
Partnership’s provisions on macroeconomic policy.

From 2015 to 2017, Adeyemo served in the Obama White House as Deputy National
Security Adviser for International Economics and Deputy Director of the National
Economic Council. Adeyemo was responsible for coordinating the policymaking
process related to international finance, trade and investment, energy, and
environmental issues. He also served as President Obama’s representative to the
G7 and G20.

Adeyemo also served as the first Chief of Staff of the Consumer Financial
Protection Bureau, which was founded after the financial crisis to protect
Americans from unfair, deceptive, or abusive consumer financial practices.
Adeyemo helped build out the Bureau’s initial executive leadership team and
served as a member of its executive committee.

After leaving government in 2017, Adeyemo served as the first president of the
Obama Foundation, where he worked with the former president and first lady to
help them continue giving back to the country as private citizens. Adeyemo also
served as a Senior Advisor at the Center for Strategic and International Studies
and at BlackRock.

Adeyemo was previously a member of the Aspen Strategy Group, which promotes
widespread economic opportunity and the competitiveness of America. He also
served on the boards of Demos, a New York-based think tank focused on social,
political, and economic equity issues; the Golden State Opportunity Foundation,
which works to provide financial security to low-income working people
throughout California; and Just Homes, a faith-based affordable housing
initiative based in Washington, DC.

Born in Ibadan, Nigeria, Adeyemo immigrated to California’s Inland Empire as
young child with his parents, an educator and a nurse. He attended the
University of California, Berkeley and Yale Law School.


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 * Special Inspector General, Troubled Asset Relief Program (SIGTARP)
 * Report Scams, Fraud, Waste & Abuse
 * Special Inspector General for Pandemic Recovery (SIGPR)


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