The Senate has confirmed Wally Adeyemo as the first Black Deputy Treasury Secretary in America.
Adeyemo is the latest to join the Biden administration, aiding Treasury Secretary Janet Yellen — the first woman to hold that role.
“Wally is everything the Treasury Department needs right now: He has spent his career working at the intersection of America’s national security interests an and our economic ones. In the process, he’s become a master of shuttle economic diplomacy, helping keep America’s economy strong at home and competitive abroad,” Treasury Secretary Janet Yellen stated. “Wally is also a tireless advocate for the working class. He helped build the Consumer Financial Protection Bureau from its foundations after the Great Recession. Those values – and that managerial experience – will be a tremendous asset to Treasury now as we continue implementing the American Rescue Plan.”
Yellen says she is confident that Wally will handle his mission as Deputy Secretary like he’s handled everything else during his career: with integrity and excellence.
He was the first president of the Obama Foundation and also served during the Obama administration as the Deputy National Security Advisor for International Economics from 2015 to 2016 and Deputy Director of the National Economic Council.
Adeyemo was born to Yoruba parents in Nigeria and raised in Southern California. His father was a teacher and his mother was a nurse. He has two younger siblings. After graduating from Eisenhower High School in Rialto, California in 1999, he received a Bachelor of Arts degree from the University of California, Berkeley in 2004 and a Juris Doctor degree from Yale Law School in 2009. During his time at the University of California, Berkeley, he played DB for the Bears football program.
Adeyemo served as the Director of African American Outreach for the John Kerry 2004 presidential campaign and was based in the San Francisco office.
Prior to joining the Obama administration, Adeyemo worked as an editor at the Hamilton Project. Adeyemo then served as senior advisor and deputy chief of staff to Jack Lew in the United States Department of the Treasury. He also served as the first chief of staff of the Consumer Financial Protection Bureau under Elizabeth Warren.
In November 2014, Adeyemo was nominated to be Assistant Secretary of the Treasury for International Markets and Development at the same time that the incumbent Assistant Secretary, Marisa Lago, was nominated to be a Deputy United States Trade Representative. He appeared before the Senate Committee on Banking, Housing, and Urban Affairs in September 2015, but the committee did not advance his nomination to the full Senate. The nomination was withdrawn by President Obama in December 2015. Adeyemo was instead selected to concurrently serve as Deputy National Security Advisor for International Economics and deputy director of the National Economic Council in 2015, serving until 2016. During his tenure, he was the President’s representative to the G7 and G20 and held several senior management positions at the U.S. Department of the Treasury, including senior adviser and deputy chief of staff, as well as chief negotiator for the Trans-Pacific Partnership’s provisions on macroeconomic policy.
Adeyemo currently serves as a senior advisor at BlackRock. Previously he served as interim Chief of Staff for the firm’s CEO, Laurence D. Fink. On August 1, 2019, Adeyemo was selected as the first president of the Obama Foundation.
In November 2020, it was announced that Adeyemo would be nominated to serve as United States Deputy Secretary of the Treasury in the Biden administration. On January 20, 2021, his nomination was submitted to the Senate for confirmation. A hearing before the Senate Committee on Finance was held on February 23, 2021. He was confirmed by the committee by voice vote on March 3, 2021 and by the full US senate on March 25, 2021, also by voice vote.
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October 16, 2023, HOUSTON, TX – Congressional Candidate Amanda Edwards has raised over $1 million in less than 4 months, a substantial sum that helps bolster the frontrunner status of the former At-Large Houston City Council Member in her bid for U.S. Congress. Edwards raised over $433,000 in Q3 of 2023. This strong Q3 report expands on a successful Q2 where Edwards announced just 11 days after declaring her candidacy that she had raised over $600,000. With over $829,000 in cash-on-hand at the end of the September 30th financial reporting period, Edwards proves again that she is the clear frontrunner in the race. “I am beyond grateful for the strong outpouring of support that will help me to win this race and serve the incredible people of the 18th Congressional District,” said Edwards. “We are at a critical juncture in our nation’s trajectory, and we need to send servant leaders to Congress who can deliver the results the community deserves. The strong support from our supporters will help us to cultivate an 18th Congressional District where everyone in it can thrive.” Edwards said. “Amanda understands the challenges that the hard-working folks of the 18th Congressional District face because she has never lost sight of who she is or where she comes from; she was born and raised right here in the 18th Congressional District of Houston,” said Kathryn McNiel, spokesperson for Edwards’ campaign. Edwards has been endorsed by Higher Heights PAC, Collective PAC, Krimson PAC, and the Brady PAC. She has also been supported by Beto O’Rourke, among many others. About Amanda: Amanda is a native Houstonian, attorney and former At-Large Houston City Council Member. Amanda is a graduate of Eisenhower High School in Aldine ISD. Edwards earned a B.A. from Emory University and a J.D. from Harvard Law School. Edwards practiced law at Vinson & Elkins LLP and Bracewell LLP before entering public service. Edwards is a life-long member of St. Monica Catholic Church in Acres Homes. For more information, please visit www.edwardsforhouston.com
As September 13th rolls around, we extend our warmest birthday wishes to the creative powerhouse, Tyler Perry, a man whose indomitable spirit and groundbreaking work have left an indelible mark on the world of entertainment. With his multifaceted talents as an actor, playwright, screenwriter, producer, and director, Tyler Perry has not only entertained but also inspired audiences worldwide, particularly within the African-American community, where his influence and role have been nothing short of powerful. Born in New Orleans, Louisiana, in 1969, Tyler Perry’s journey to stardom was a path riddled with adversity. Raised in a turbulent household, he found refuge in writing, using it as a therapeutic outlet. This period of introspection gave rise to one of his most iconic creations, Madea, a vivacious, no-nonsense grandmother who would later become a beloved figure in Perry’s works, offering a unique blend of humor and profound life lessons. Despite facing numerous challenges, including rejection and financial struggles, Perry’s determination and unwavering belief in his abilities propelled him forward. In 1992, he staged his first play, “I Know I’ve Been Changed,” which, although met with limited success, was a pivotal moment in his career. Unfazed by initial setbacks, Perry continued to hone his craft, and by 1998, he had successfully produced a string of stage plays that showcased his storytelling prowess.
Calling all teenage student-athletes! If you have dreams of playing college soccer and wish to represent an HBCU, the HBCU ID Camp is your golden opportunity. From 8 am to 5 pm on November 11-12, Houston Sports Park will transform into a hub for aspiring male and female soccer players. Coaches from HBCUs across the nation will be present to evaluate, scout, and offer valuable feedback. Moreover, they might even spot the next soccer prodigy to join their collegiate soccer programs. This camp is not just about honing your soccer skills but also a chance to connect with the HBCU soccer community. You’ll learn the ins and outs of what it takes to excel on the field and in the classroom, which is crucial for a college athlete. The HBCU ID Camp is an excellent platform to network with coaches, learn from experienced athletes, and take the first steps toward your college soccer journey. To secure your spot at this incredible event, don’t forget to register [here](insert registration link). Space is limited to 120 participants, so make sure to reserve your place before it’s too late. It’s time to turn your dreams of playing college soccer into a reality.