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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 Michael Faulkender
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. This is a very important job in the government. He also worked for the Obama Foundation and in the Obama administration.

Early Life and Education

Adewale Adeyemo was born in Ibadan, Nigeria. His parents were from the Yoruba group. He grew up in Southern California. His father was a teacher and his mother was a nurse. He has two younger brothers or 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.

Early Career Steps

Before working in government, Adeyemo was involved in politics. He helped with outreach to African Americans for a presidential campaign in California in 2004.

He also worked as an editor at the Hamilton Project. This group focuses on economic policy. Later, he became a senior advisor at the United States Department of the Treasury. He also helped negotiate a big trade agreement called the Trans-Pacific Partnership. He was also the first chief of staff for the Consumer Financial Protection Bureau. This agency helps protect consumers in financial matters.

Government and Foundation Roles

Working with President Obama

From 2015 to 2016, Adeyemo held important roles in the Obama administration. He was the Deputy National Security Advisor for International Economics. He also served as the deputy director of the National Economic Council. In these roles, he represented the president at major international meetings. These included meetings of the G7 and G20 countries.

After Government Service

After his time in the Obama administration, Adeyemo worked at BlackRock. This is a large investment company. He was a senior advisor there for two years, starting in 2017.

On August 1, 2019, he became the first president of the Obama Foundation. This foundation works to inspire and empower people.

In January 2025, it was reported that Adeyemo joined Columbia University. He became a fellow at their School of International and Public Affairs. In March 2025, he also started working as a speaker.

Serving in the Biden Administration

Becoming Deputy Treasury Secretary

In November 2020, it was announced that Adeyemo would be nominated for a top job. He was chosen to be the United States Deputy Secretary of the Treasury in the Biden administration. The Senate confirmed his nomination on March 25, 2021.

His Time as Deputy Secretary

On March 26, 2021, he officially started his role. He was sworn in by Secretary Janet Yellen. As Deputy Secretary, Adeyemo was very involved in enforcing sanctions. These are penalties used to stop certain actions, like those related to the 2022 Russian invasion of Ukraine. He traveled and spoke with officials in other countries to get their help.

In June 2024, Adeyemo wrote an article for the Financial Times. The article was about stopping the Russian war machine.

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