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US Treasury No. 2 nominee faces questions on China in hearing

February 24, 2021 00:00:00

WASHINGTON, Feb 23 (Reuters): US senators are expected to grill Wally Adeyemo, President Joe Biden's nominee for the No. 2 job at the US Treasury, about his views on US policy toward China at his confirmation hearing before the Senate Finance Committee on Tuesday.

In testimony prepared for the hearing, Adeyemo struck a hardline tone on Beijing, vowing to fight what he called "unfair economic practices" in China and elsewhere, while working to rectify economic inequality at home.

If confirmed as Treasury Secretary Janet Yellen's deputy, Adeyemo, 39, would play a key role in shaping US economic policy on issues ranging from financial regulation to relief for everyday Americans and US sanctions on foreign governments.

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