President-elect Joe Biden is turning to longtime Democratic policy staffer Neera Tanden to lead his Office of Management and Budget and Cecilia Rouse to head the Council of Economic Advisers, people familiar with the process said.
Joe Biden, is set to announce a Nigerian-born attorney, Adewale ‘Wally’ Adeyemo, as Deputy Treasury secretary, US-based media Bloomberg and Politico reported on Sunday.
Adeyemo, who is a former senior international economic adviser during the Obama administration, was nominated to serve under former Federal Reserve Chair Janet Yellen, as part of a slate of economic-team nominations he plans to announce on Tuesday.
Adeyemo’s appointment is one of many key cabinet positions Biden is expected to announce in the coming days.
Born in Nigeria, Adeyemo was raised in California where he obtained a bachelor’s degree before proceeding to Yale Law School for his legal education.
Before his appointment into the Obama administration, Adeyemo worked as an editor at the Hamilton Project, then served as senior advisor and deputy chief of staff to Jack Lew in the United States Department of Treasury.
He later worked as the chief negotiator for the Trans-Pacific Partnership and also served as the first chief of staff of the Consumer Financial Protection Bureau under Elizabeth Warren.
He went on to become the first president of the Obama Foundation.
Mr Biden is also expected to name Cecilia Rouse, an African American economist at Princeton University, to lead the Council of Economic Advisers.