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6/25/2021

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with Economists and Advocacy Leaders | U.S. …

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Meeting with Economists and Advocacy Leaders
June 24, 2021

WASHINGTON – Earlier today, the Roosevelt Institute hosted Deputy Secretary of the
Treasury Wally Adeyemo in New York for a meeting with economists and advocacy leaders to
discuss what Treasury is doing to advance racial equity through the Biden-Harris economic
agenda. The Deputy Secretary emphasized that the passage of the American Rescue Plan has
given Treasury an opportunity to apply the principles of equity to the distribution of the
nearly $1 trillion that the Department is providing to the American people, small businesses,
and state and local governments. The Deputy Secretary also highlighted Treasury’s diversity
recruitment e orts, increased funding to community financial depository institutions (CDFI)
in order to expand access to capital to traditionally underserved groups, a ordable housing
issues, and the expanded advanced child tax credit.
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https://home.treasury.gov/news/press-releases/jy0246

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