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Yellen’s Deputy Secretary, Adeware Adeemo, sees inequality as the number one economic challenge.

Washington-President Biden’s second-ranked Treasury nominee, Adewale Adeemo, said inequality was seen as the number one challenge when the US economy survived the Covid recession.

That view is known by his career as an immigrant from Nigeria who came to the United States as a small child with his parents, teachers and nurses, he told the Senate Finance Committee at a confirmation hearing on Tuesday. It was.

“Unleashing the unrealized potential of the marginalized people of this country in order to grow our economy and secure our future competitiveness is a serious economic problem,” he said.

If Mr. Adeemo is confirmed as expected, he and his future boss, Treasury Secretary Janet Yellen, will The first woman to lead an agency And the first black deputy secretary.

BlackRock Inc.Adeyemo, a former executive of People who go by WallyHelps Yellen move forward with two major economic policy packages. $ 1.9 Trillion Coronavirus Relief BillThen a bill focused on long-term investment in areas such as infrastructure and clean energy.

Yellen’s Deputy Secretary, Adeware Adeemo, sees inequality as the number one economic challenge.

Source link Yellen’s Deputy Secretary, Adeware Adeemo, sees inequality as the number one economic challenge.

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