Adeyemo Confirmed as Deputy Secretary of the Treasury

Wally Adeyemo has been confirmed as Deputy Secretary of the Treasury after the Senate approved him in a bipartisan voice vote. The Senate Finance Committee unanimously approved his nomination in March before the Senate floor vote.

The deputy secretary plays a primary role in the formulation and execution of Treasury policies and programs in all aspects of the department’s activities. Adeyemo has previously served as deputy director of the White House National Economic Council and deputy national security adviser during the Obama administration. He also served in several senior management positions at the Department of Treasury—including senior advisor and chief of staff. Before this appointment, Adeyemo was a senior advisor at Black Rock.