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1/25/2024

READOUT: Deputy Secretary of the Treasury Wally Adeyemo Joins Fireside Conversation at the Roosevelt Institute’s Ro…

READOUT: Deputy Secretary of the Treasury Wally Adeyemo
Joins Fireside Conversation at the Roosevelt Institute’s
Roosevelt Society Inaugural Event
January 24, 2024

WASHINGTON – Today, Deputy Secretary of the Treasury Wally Adeyemo participated in a
fireside conversation at the Roosevelt Instituteʼs Roosevelt Society inaugural event. During
the conversation, Deputy Secretary Adeyemo highlighted how the Treasury Department has
prioritized equity at a policy and institutional level.
Under the leadership of Secretary of the Treasury Janet L. Yellen, the Treasury Department has
prioritized what Secretary Yellen has coined as “modern supply-side economics” — an
economic strategy to expand the economyʼs long-term productive capacity while reducing
inequalities.
Deputy Secretary Adeyemo highlighted Treasuryʼs work at an institutional level, including
Secretary Yellen appointing the Departmentʼs first ever Counselor for Racial Equity,
establishing the first of its kind Treasury Advisory Committee on Racial Equity, launching a
career level policy team known as the Equity Hub to support research, analysis, and policy
design, and hiring the most diverse leadership in the Departmentʼs history.
Deputy Secretary Adeyemo also discussed the Treasury Departmentʼs e orts to build an
economy where all Americans can achieve financial security and reach their full economic
potential. To advance this goal, the Treasury Department has also put equity and ensuring
broad-based economic growth at the center of policy implementation across the American
Rescue Plan and Inflation Reduction Act. This prioritization has helped lead to the most
equitable economic recovery from a recession on record.
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https://home.treasury.gov/news/press-releases/jy2046

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