Yesterday (25th of March), Wally Adeyemo, was confirmed by the US Senate as the Deputy Secretary of the Treasury. He will be the first Black American to hold such prestigous position.
The nomination was confirmed via a voice note, as there was little to no opposition. Adeyemo will play a key role in shaping U.S. economic policy on issues ranging from financial regulation to relief for everyday Americans and U.S. sanctions on foreign governments.
The 39 year old, Wally, struck a hardline tone on China, vowing to fight Beijing’s “unfair economic practices” and hold China accountable to international rules.
He is a former senior adviser at asset manager BlackRock Inc and the child of Nigerian immigrants, who also served as a top national security and economic adviser to Democratic former President Barack Obama and held senior jobs at the Treasury.