Sunday, November 24, 2024
Custom Text
Home Foreign News Nigerian, Adeyemo, to become U.S. Deputy Secretary of Treasury

Nigerian, Adeyemo, to become U.S. Deputy Secretary of Treasury

-

By Valentine Amanze, Online Editor

There are indications that a Nigerian, Adewale Adeyemo, will be appointed the U.S deputy secretary of the treasury department, by

US President-elect Joe Biden.

While awaiting the announcement, recall that Adeyemo was the president of the Obama Foundation in 2019.

- Advertisement -

With the anticipated appointment sails through, Adeyemo would work with Janet Yellen, nominee for the position of treasury secretary, according to The Wall Street Journal.

The Nigerian-American had served in the aministration of former president Obama as deputy national security adviser (NSA) for international economics.

He is reputed to have helped the U.S. combat the global economic recession of 2008.

Biden’s economic team is made of mostly people who had served in the administration of Obama.

They reportedly played key roles in tackling the financial crisis that hit the U.S. under the Obama presidency.

- Advertisement -

Adeyemo has held several management positions at the U.S. Department of the Treasury, including senior adviser and deputy chief of staff — a position he held for about three years.

He is currently on the boards of Golden State Opportunity Foundation and Aspen Strategy Group, among others.

He was an editor for the Hamilton Project at the Brookings Institution from 2008 to 2009.

Adeyemo is a graduate of the University of California, Berkeley and Yale Law School.

While at Yale, he was the co-director, project on law and education for the university.

Must Read

NLC insists December 1 minimum wage deadline stands

0
NLC had earlier mandated its members to embark on indefinite strike from December 1 in states where governments fail to comply