The United States President-Elect, Joe Biden, is set to announce Adewale “Wally” Adeyemo, President of the Obama Foundation in Chicago, for Deputy Treasury Secretary, serving under Yellen.
If confirmed, he would be the first black Deputy Treasury Secretary while Yellen, if confirmed, would be the first woman to serve as Treasury Secretary.
According to CNN, Adeyemo served on the National Economic Council of the Obama administration and last fall was named as the first president of the Obama Foundation.
The announcements are expected to be made Monday with the team set to be formally introduced by Biden during an event on Tuesday at his transition headquarters in Wilmington, Delaware.
The 39 years old was raised in east of Los Angeles, California. And earned a Bachelor of Arts from the University of California, Berkeley and Juris Doctor from Yale Law School.
( Editor: Omor Bazuaye)
