President-elect Joe Biden is reportedly planning on nominating Nigerian-born Mr. Adewale “Wally” Adeyemo for the top position of Deputy Treasury Secretary.
He is expected to work under the nominee for Treasury Secretary, Ms. Janet Yallen, who is among a diverse group of women to serve as economic advisers in the unfolding Biden administration.
The 39-year-old Adewale had served under the Obama administration as the first Deputy National Security Advisor for International Economics from 2015 to 2016 and Deputy Director of the National Economic Council.
An attorney and political adviser who graduated from the Yale Law School in the United States, Adewale is currently the President of the Obama Foundation, a position he has held since August 2019.
Long-time aides and allies from the Obama administration have been picked for positions in Biden’s administration. Ron Klain, Antony Blinken and John Kerry are all former Obama staffers Biden has picked for top positions.
According to a report from the Wall Street Journal, Biden will nominate Neera Tanden to serve as director of the Office of Management and Budget. Tanden currently serves as president and CEO of the center-left think tank, Center for American Progress.
He will also nominate Princeton University labour economist, Ms. Cecilia Rouse, to serve as chair to the Council of Economic Advisers sources close to the matter told the Journal.
Jared Bernstein and Heather Boushey, two economic advisers from Biden’s campaign, will also be nominated to serve alongside Rouse according to the report.