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Wally Adeyemo
Wally-Adeyemo-Treasury.jpg
Official portrait, 2021
15th United States Deputy Secretary of the Treasury
In office
March 26, 2021 – January 20, 2025
President Joe Biden
Secretary Janet Yellen
Preceded by Justin Muzinich
Succeeded by TBD
President of the Obama Foundation
In office
August 1, 2019 – March 25, 2021
Preceded by Position established
Succeeded by Valerie Jarrett
United States Deputy National Security Advisor for International Economics
In office
2015–2016
President Barack Obama
Preceded by Caroline Atkinson
Succeeded by Daleep Singh (2021)
Personal details
Born
Adewale Adeyemo

(1981-05-20) May 20, 1981 (age 44)
Ibadan, Nigeria
Political party Democratic
Education

Adewale O. "Wally" Adeyemo (born May 20, 1981) is an American lawyer. He served as the Deputy Secretary of the Treasury for the United States government under President Joe Biden. Before that, he was the first president of the Obama Foundation. He also worked in the Obama administration as a top advisor on money matters for other countries from 2015 to 2016.

Early Life and Education

Wally Adeyemo was born in Ibadan, Nigeria. His parents were from the Yoruba group. He grew up in Southern California. His dad was a teacher and his mom was a nurse. He has two younger brothers and sisters.

After finishing Eisenhower High School in Rialto, California, in 1999, he went to college. He earned a degree from the University of California, Berkeley, in 2004. Later, he got a law degree from Yale Law School in 2009.

Starting His Career

Adeyemo began his career helping with a political campaign in California in 2004. He worked to connect with African American voters.

Before joining the government under President Obama, Adeyemo worked as an editor for a project called the Hamilton Project. He then became a senior advisor and a top assistant to Jack Lew at the United States Department of the Treasury. He also helped negotiate a big trade agreement called the Trans-Pacific Partnership. Wally Adeyemo was also the first chief of staff for the Consumer Financial Protection Bureau, which helps protect people's money.

Important Roles in Government

Working for President Obama (2014–2016)

In 2015, Wally Adeyemo became a top advisor for international money issues. He also helped lead the National Economic Council. In these roles, he represented the President at important meetings with leaders from other countries, like the G7 and G20 meetings. He also held several other important jobs at the Treasury Department.

After Government Service

After working for the government, Adeyemo joined a large investment company called BlackRock in 2017. He worked there for two years as a senior advisor.

On August 1, 2019, he was chosen to be the very first president of the Obama Foundation. This foundation works to inspire and empower people around the world.

In 2025, it was reported that Adeyemo would join Columbia University as a special researcher.

Working for President Biden

Becoming Deputy Secretary of the Treasury

In November 2020, it was announced that Wally Adeyemo would be nominated to be the United States Deputy Secretary of the Treasury for President Joe Biden. The Senate had to approve his nomination. After a hearing and a vote, the Senate confirmed him on March 25, 2021.

His Time as Deputy Secretary

On March 26, 2021, he officially started his job. As Deputy Secretary, Adeyemo has been very involved in enforcing sanctions. Sanctions are like financial penalties placed on countries or groups. For example, he has worked to make sure that sanctions against Russia are followed because of the 2022 Russian invasion of Ukraine. He has visited other countries to encourage them to cooperate with these efforts.

In June 2024, Adeyemo wrote an article for the Financial Times newspaper. He wrote about the need to slow down Russia's war efforts in Ukraine.

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