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Wally Adeyemo

@wallyadeyemo

Deputy Treasury Secretary. First Chief of Staff of the CFPB, former NEC Deputy Director, & Deputy NSA. Fan of Barack Obama, Joe Biden, Kamala Harris

Washington, DCbuildbackbetter.gov/nominees-and-a…Joined February 2017

36.3K Followers

Wally Adeyemo’s Tweets

Pinned Tweet

Public service is about offering hope through the dark times and making sure that our economy works not just for the wealthy, but for the hard-working people who make it run. As Deputy Treasury Secretary, I look forward to helping us build back our economy better.

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Wally Adeyemo Retweeted

Foreign Affairs

@ForeignAffairs

Read U.S. Deputy Secretary of the Treasury

on how economic sanctions have played a critical supporting role in Ukraine.

foreignaffairs.com

America’s New Sanctions Strategy

How Washington can stop the Russian war machine and strengthen the international economic order.

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Wally Adeyemo Retweeted

Many thanks to US Deputy Treasury Secretary 🇺🇸

and Ambassador Amy Gutmann

for visiting me in the 🇩🇪 Chancellory. We discussed the way forward on climate finance & how to continue supporting Ukraine 🇺🇦 against Russian aggression, for as long as it takes

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Wally Adeyemo Retweeted

LAOCBuildingTrades

⁦

⁩

@TreasuryDepSec

visits #BuildingTrades with good news from #InflationReductionAct = prevailing wage and #apprenticeship will spur tax credits and a better deal for Americans and our infrastructure!

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

Today,

announced new public and private efforts to maximize investments flowing into underserved communities, especially communities of color, rural, and Tribal communities.

FACT SHEET: Vice President Announces New Private and Public Sector Efforts to Align Tens of...

The federal government and a coalition of 24 companies and foundations are coming together to align historic investments in underserved communities;

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Wally Adeyemo Retweeted

Increasing affordable housing supply is key to lowering housing costs for American families.

has laid out an ambitious Housing Supply Action plan to take on this issue and lower costs. Today, we’re making it simpler & easier for that to happen.

White House rewrites rules to push more affordable housing with COVID-19 rescue funds

Cities and states have greater flexibility to use American Rescue Plan funds on affordable housing under new Biden administration changes.

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Wally Adeyemo Retweeted

“Our greatest successes come when government initiatives are augmented by private sector and philanthropic actions rooted in the same goals and commitments.” ✊🏾#BlavityOpEd by U.S. Deputy Treasury Secretary

Why Juneteenth Is A Reminder That Advancing Racial Equity Is Not Only A Moral Priority, But Also...

As we commemorate Juneteenth, the day in 1865 when the last bastion of institutional slavery in this country was abolished, it is important that we recognize that our work to form a more perfect...

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Wally Adeyemo Retweeted

Secretary Janet Yellen

A real concern at the start of the pandemic was the threat of widespread evictions & decades-long economic scarring for families. Successful American Rescue Plan programs kept evictions below pre-pandemic levels & families in their homes.

Evictions are life-altering — and preventable

Pandemic rental assistance upended conventional wisdom on housing. What happens when it runs out?

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Wally Adeyemo Retweeted

We are creating jobs for our underserved youth while benefiting the whole community with the #CaliforniansForAllYouthJobsCorps Great fun joining

@MayorLockDawson

and IE native and Dep. Sec. Treasurer

to launch recruitment of Youth Jobs Corps in

@riversidecagov

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

This morning I visited Neighborhood Housing Services in Compton, CA with

@LCastroRamirez

, which is helping local residents access #AmericanRescuePlan programs like Emergency Rental Assistance and the Homeowner’s Assistance Fund.

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Wally Adeyemo Retweeted

Mayor Buddy Dyer

With American Rescue Plan funds, we're working with

@CareerSourceCF

on the RISE Employment & Training Office to connect residents to career opportunities, including at

. I was honored to join

to host

and share how we're using this funding.

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Wally Adeyemo Retweeted

Secretary Janet Yellen

COVID-19 exposed gaps in our health security architecture that have led first and foremost to lives lost, and also produced economic shocks that have led to greater global poverty and hardship. The world must invest now in addressing these critical gaps:

foreignpolicy.com

The Next Pandemic Doesn’t Have to Hit So Hard

Investing in global health security can provide critical insurance against disaster.

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

This Tax Day, when the average American spends 13 hours on returns, it's worth remembering how chronic underfunding has kept IRS tech stuck in the 1960s. It doesn't have to be this way. Strong & sustained IRS support is what taxpayers deserve.

IT Developments from 1962: Where's the IRS?
Graph showing different tech innovations that have occurred since the IRS was funded well enough to improve tax processing technology.

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Wally Adeyemo Retweeted

Treasury Department

Today, we join 90+ federal agencies in releasing a historic Equity Action Plan. Read more about our efforts to ensure that families, businesses, & communities historically excluded from opportunity are fully included in the nation’s economic recovery:

home.treasury.gov

The Equity Hub was created in 2021 and is charged with coordinating efforts to advance equity in all of Treasury’s work, including engaging with diverse communities throughout the country and...

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Wally Adeyemo Retweeted

Treasury Department

A reminder: Tax Day this year is Monday, April 18th.

encourages filing online and filing by the deadline to ensure your family receives tax credits they’re due quickly this year. Find resources on filing and receiving tax credits at

Home | Internal Revenue Service

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Wally Adeyemo Retweeted

President Biden

United States government official

Historic moment for our courts and for our country. Congratulations, Judge Jackson.

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Wally Adeyemo Retweeted

Secretary Janet Yellen

We're experiencing the fastest labor market recovery in more than a generation, adding nearly 8M jobs since

took office—which comprise 93% of jobs lost during the pandemic. With participation rising & under-employment falling, labor market outlook continues to be strong.

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Wally Adeyemo Retweeted

U.S. Mission to OECD

This week, #USOECDAmb Markell welcomed

Administrator

@EPAMichaelRegan

and

@TreasuryDepSec

as the United States continues to work closely with

partners to find global solutions to global challenges. #climate #globaltaxdeal

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Deputy Secretary Wally Adeyemo

@TreasuryDepSec

Here in Paris, I spoke to

@mathiascormann

about economic cooperation and the historic deal between 137 countries to stop the race to the bottom on corporate global taxation.

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Wally Adeyemo Retweeted

Paolo Gentiloni

@PaoloGentiloni

Very good meeting this morning with ⁦

⁩ We discussed the economic consequences of the war and our strong transatlantic cooperation on sanctions and global taxation. 🇪🇺🇺🇸

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Wally Adeyemo Retweeted

Mairead McGuinness

Vital dialogue today with

about sanctions. Transatlantic support to Ukraine remains unwavering. Sanctions impose economic pain on Putin's regime & those complicit in the war. The EU & US are in lockstep on sanctions, and we will strengthen our cooperation.

U.S. Mission to the EU and 4 others

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

I always appreciate the chance to work with our counterparts at

. We had a productive meeting on sanctions and will continue our steadfast partnership in countering Russian aggression.

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

Kicking off my trip to Europe with a stop at British-Ukrainian Aid, a charity that sends medical supplies to Ukraine and the front lines. A clear reminder of what’s at stake as we meet with partners and Allies this week to discuss next steps for imposing economic costs on Russia.

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Wally Adeyemo Retweeted

Secretary Janet Yellen

In Denver,

joined us for lunch at Comal Heritage Food, a small-business incubator that supports immigrant and refugee entrepreneurs in the community. It was the perfect setting to talk about the American Rescue Plan’s support of Colorado’s small businesses.

Three people talking and sitting at a lunch table

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Wally Adeyemo Retweeted

Secretary Antony Blinken

United States government official

.

has targeted a network of Russian individuals and companies that aid a DPRK defense industry-related procurement agent in Russia. The DPRK uses an extensive overseas network of facilitators to obtain weapons components they can't produce domestically.

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Wally Adeyemo Retweeted

Treasury Department

The #AmericanRescuePlan has made a difference in the lives of millions of Americans this past year, supporting families, workers, small businesses, local govts, and more.

is visiting Denver, CO today to highlight ARP programs that are fueling strong & shared recovery.

Quote Tweet

Secretary Janet Yellen

The American Rescue Plan was signed into law by @POTUS one year ago today. It has loosened the pandemic’s grip on our country in countless ways & put us on a path of strong & shared recovery. I'm visiting Denver today with @SecondGentleman to commemorate this work.

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

What’s true about Philadelphia is what’s true about the country — we’re successful when our communities come together to solve problems. Philadelphia has been a great model of this in its implementation of a highly successful Emergency Rental Assistance program.

Man standing at podium speaking. Tall stone building behind him.

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Wally Adeyemo Retweeted

Treasury Department

Racial Equity Counselor Janis Bowdler joined CNBC’s Equity and Opportunity Forum today to discuss Treasury’s equity efforts, including work to ensure equitable economic recovery with #AmericanRescuePlan programs.

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I wanted to share my thoughts on how the President’s economic strategy is focused on ensuring an equitable recovery:

link.medium.com

Ensuring Equitable Economic Recovery: The American Rescue Plan

| Guest post by Deputy Secretary of the Treasury Wally Adeyemo

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

I’m in Memphis today to celebrate the one year anniversary of the #AmericanRescuePlan. This morning I joined an Emergency Rental Assistance Program Roundtable with

&

@MayorLeeHarris

.

home.treasury.gov

Deputy Secretary of the Treasury Wally Adeyemo Highlights Emergency Rental Assistance Program in...

Treasury announces roughly 4.3 million Emergency Assistance payments made to households through January 2022 WASHINGTON — Today, Deputy Secretary of the Treasury Wally Adeyemo traveled to Memphis,...

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Wally Adeyemo Retweeted

Deputy Secretary Wally Adeyemo

@TreasuryDepSec

I had a great conversation this week with Diamond, a mom who received Emergency Rental Assistance funds in 2021 after her workplace downsized because of the pandemic. The ERA program continues to help families bridge gaps and -- like Diamond says -- keep moving forward.

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Wally Adeyemo Retweeted

United States government official

Tonight, after the #SOTU, I'll be going live on Twitter Spaces to talk about

's address and answer questions from a few special guests. Tune in here:

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Wally Adeyemo Retweeted

YELLEN: "We will convene an international Task Force with our justice ministries to freeze and seize the assets of key Russian elites, which will inflict financial pain on the powerful individuals surrounding Putin and make clear that no one is beyond our collective reach."

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Wally Adeyemo Retweeted

Deputy Treasury Sec. Wally Adeyemo says getting money to American families is critical — and the Child Tax Credit would do just that

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Wally Adeyemo Retweeted

Elizabeth Warren

Today I set the record straight with

@TreasuryDepSec

about how more 3rd party reporting will help the IRS sniff out the hidden cash of wealthy tax cheats. No surprise bank lobbyists are fighting hard against this. We have to make our tax system fairer in the reconciliation bill.

Embedded video

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Wally Adeyemo Retweeted

Ngozi Okonjo-Iweala

Thoughtful and helpful conversation with US Deputy Treasury Secretary

. Good to discuss the impact of macro fiscal issues on trade, and debt and fiscal space challenges for low income and lower middle income countries. Great exchange on our Nigerian roots!

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Wally Adeyemo Retweeted

Wolfgang Schmidt

What we did in DC: “Statement by NSC Spokesperson Emily Horne on the First Round of U.S.-Germany Economic Dialogue”. Thanks for the fruitful exchange, Daleep Singh

and colleagues. whitehouse.gov/briefing-room/

Statement by NSC Spokesperson Emily Horne on the First Round of U.S.-Germany Economic Dialogue |...

Deputy National Security Advisor Daleep Singh met yesterday with German counterparts Lars-Hendrik Röller, Chief Economic Advisor of Chancellor Merkel, and

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Wally Adeyemo Retweeted

Congressman Jamaal Bowman

The expanded Child Tax Credit is a step towards reducing poverty. Today we spoke with families about the effects of poverty and how the credit eased that burden. We are hard at work to make the Child Tax Credit permanent — because poverty won't end when the pandemic does.

Chuck Schumer and 6 others

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Wally Adeyemo Retweeted

Dikembe Mutombo

@officialmutombo

The #ChildTaxCredit in the American Rescue Plan provides $3,000 to $3,600 per child for nearly all working families. To learn more and sign your family up, visit childtaxcredit.gov @ Atlanta, Georgia

Dikembe Mutombo (@dofficialmutombo) • Instagram photo

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It was a lot fun getting to spend time with the graduating class of 2021! Go Bears!

Quote Tweet

"Your calls to bend the arc of a moral universe faster are being heard.”

— Adewale “Wally” Adeyemo '02 (@wallyadeyemo), 2021 Commencement speaker and deputy secretary of @USTreasury news.berkeley.edu/2021/05/15/key

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