Background Of President-elect Biden's Nominee For Deputy Secretary Of The Treasury Has Obama Administration Connectivity

A political connectivity to the Obama Administration may prove beneficial to United States-based companies who seek approvals from the United States Department of the Treasury for transactions relating to the Republic of Cuba.

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Ademale “Wally” Adeyemo
39 Years Of Age
Birthplace: Nigeria

Will Be Nominated: 2021
United States Deputy Secretary of the Treasury
§301. Department of the Treasury:(a) The Department of the Treasury is an executive department of the United States Government at the seat of the Government. (b) The head of the Department is the Secretary of the Treasury. The Secretary is appointed by the President, by and with the advice and consent of the Senate. (c) The Department has a Deputy Secretary of the Treasury appointed by the President, by and with the advice and consent of the Senate. The Deputy Secretary shall carry out- (1) duties and powers prescribed by the Secretary; and (2) the duties and powers of the Secretary when the Secretary is absent or unable to serve or when the office of Secretary is vacant.

From United States Department of the Treasury: "The Deputy Secretary of the Treasury is the second-highest-ranking official in the U.S. Department of the Treasury. Appointed by the President and confirmed by the Senate, the Deputy Secretary advises the Secretary on formulating and enacting policy through the Treasury Department. The Deputy Secretary may also oversee activities of the Treasury Department and any other duties delegated by the Secretary. The Deputy Secretary along with the Secretary are the only Treasury officials who may sign Treasury Orders, which delegate authority to other senior Treasury officials and establish departmental policy. The current Deputy Secretary of the Treasury is Justin Muzinich who assumed office on December 12, 2018."

From Mr. Adeyemo’s Profile On LinkedIn:

President
Obama Foundation Full-time
Dates Employed Aug 2019 – Present
Employment Duration 1 yr 4 mos
Location Chicago, Illinois, United States

Our Mission is to inspire, empower, and connect people to change their world. That mission begins at home, on the South Side of Chicago, where we are building the Obama Presidential Center. But it extends to all our work, whether it's holding leadership training sessions in communities throughout the U.S., bringing local leaders together in countries around the world, working to support the global education of girls, or ensuring young men of color have pathways to opportunity.

Non-Resident Fellow
New York University School of Law
Dates Employed Oct 2018 – Present
Employment Duration 2 yrs 2 mos

Senior Advisor
Center for Strategic and International Studies (CSIS)
Dates Employed Mar 2017 – Present
Employment Duration 3 yrs 9 mos

Senior Advisor
BlackRock Full-time
Dates Employed Jun 2017 – Aug 2019
Employment Duration 2 yrs 3 mos
Location New York, New York, United States

Provided macroeconomic and geopolitical advice to BlackRock portfolio managers and clients. Served as interim chief of staff to Larry Fink, CEO and Chairman.

Deputy National Security Advisor and Deputy Director of the National Economic Council
National Security Council, The White House Full-time
Dates Employed Sep 2015 – Jan 2017
Employment Duration 1 yr 5 mos
Location Washington, United States

Served as President Obama’s international economic advisor and the President’s representative to the G-20 and G-7

Deputy Chief of Staff and Senior Advisor
U.S. Department of the Treasury Full-time
Dates Employed Oct 2011 – Sep 2015
Employment Duration 4 yrs
Location Washington, United States

Chief Of Staff
Consumer Financial Protection Bureau Full-time
Dates Employed Aug 2010 – Oct 2011
Employment Duration 1 yr 3 mos
Location Washington, District of Columbia, United States

Deputy Executive Secretary
U.S. Department of the Treasury Full-time
Dates Employed Feb 2009 – Jul 2010
Employment Duration 1 yr 6 mos
Location Washington, District of Columbia, United States