Demos Chair Applauds Confirmation of Wally Adeyemo as Deputy Treasury Secretary

Former Board of Trustees Member Is First Black American to Hold Role  

​NEW YORK, NY — Demos Board of Trustees Chair Josh Fryday issued the following statement regarding Adewale "Wally" Adeyemo's bipartisan Senate confirmation as Deputy Secretary of the Treasury. Adeyemo, who stepped down from his position on Demos’ Board to serve within the Department of Treasury, is the first Black man to hold the role:  

"​On behalf of Demos' Board of Trustees, I would like to extend enormous congratulations to our former board member, Wally Adeyemo, on his recent ​historic confirmation as Deputy Secretary of the Treasury. We celebrate this tremendous accomplishment and milestone in Wally’s career.  

"It comes as no surprise that he has been trusted to take on such meaningful work. ​Wally’s dedication to advocating for economic justice is evident, and ​it was a pleasure to have him as a colleague on Demos​' Board. A champion of all Americans, Wally worked to move the Consumer Financial Protection Bureau forward and give working people a fighting chance in the midst of the Great Recession. Now, our country needs this spirit to ensure to ensure a just, equitable economic recovery as we push to emerge from the COVID-19 crisis.  

“Wally ​will continue to do excellent and meaningful work for the good of our country, and Demos is rooting for him with great pride.”  

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