On the recordMarch 25, 2021
the Senate is debating the nomination of Wally Adeyemo to serve as the next Deputy Treasury Secretary. I expect his nomination is going to pass with a big, bipartisan margin, but I want to take a few minutes to lay out a few reasons why every Senator ought to support this nominee. First, you hear a lot these days about how Members of the Senate are looking for unity. Three weeks ago, the Finance Committee approved the Adeyemo nomination unanimously by voice vote, and you can't get more unified than that. That unanimous vote followed an excellent hearing, in which Mr. Adeyemo demonstrated his command of all the various issues the Treasury is confronting today. A severe jobs crisis. Worsening inequality. A dangerous shortage of domestic manufacturing in critical areas of our economy. Intense economic competition with China, including job rip- offs and trade cheating that have undermined American workers for too long. And many other big challenges. Members understand that there will be policy disagreements with the other party, but Mr. Adeyemo made it clear that he wants to work on a bipartisan basis to confront these challenges. Members take him seriously on that and trust him because he has done it before at the Treasury as a member of the Obama administration. Second, the pandemic economic crisis is far from over, and it is essential that the Treasury Department has its leadership team in place. COVID cases and deaths are still tragically high.…





