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How the White House Plans to Hurt Putin

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On-demand recordings of FP Live conversations are available to FP subscribers.

How is President Joe Biden’s White House staving off the current economic crisis? What has been the impact of U.S. sanctions on the Russian economy, and how can the United States do more to impact Russia’s plans in its war? What strategies are in place to get inflation down, and when will the global economy feel the effects of the White House’s plans?  

The U.S. Treasury’s No. 2 official, Wally Adeyemo, joined Ravi Agrawal on FP Live to discuss the current challenges to the world economy, the impact of the war in Ukraine, and much else. 

U.S. Deputy Treasury Secretary Wally Adeyemo discusses how badly OPEC’s decision to slash oil production hurts American interests.

Wally Adeyemo, deputy secretary of the U.S. Treasury, explains how the White House decides to what degree it should hurt Russia with sanctions.

U.S. Deputy Treasury Secretary Wally Adeyemo shares what finance ministers from around the world tell him despite not publicly rebuking Russia.

Wally Adeyemo, deputy secretary of the U.S. Treasury, says there are no signs that the United States is in a recession.

U.S. Deputy Treasury Secretary Wally Adeyemo discusses the Biden administration’s plans to lift Chinese goods.

Wally Adeyemo

Deputy secretary of the U.S. Treasury

As deputy secretary, Wally Adeyemo serves as the U.S. Treasury Department’s No. 2 official and chief operating officer after Treasury Secretary Janet Yellen. Adeyemo is currently serving in his second role at the Treasury Department. His first role began in the early days of the Obama administration, during the depths of the Great Recession. Adeyemo was senior advisor and deputy chief of staff under Treasury Secretaries Tim Geithner and Jack Lew.

From 2015 to 2017, Adeyemo served in the Obama White House as deputy national security advisor for international economics and deputy director of the National Economic Council. He also served as President Barack Obama’s representative to the G-7 and G-20.

Ravi Agrawal

Editor in chief, Foreign Policy

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NATO’s Future

After a decade as the secretary-general of NATO, Jens Stoltenberg will step down from his job on Oct. 1. How has Russia’s aggression transformed the world’s largest military alliance? How is that alliance assessing challenges in the future, whether from China or artificial intelligence? Stoltenberg sat down with host Ravi Agrawal for an exit interview.

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H.R. McMaster on America’s Foreign-Policy Choices

H.R. McMaster served as former President Donald Trump’s national security advisor for all of 13 months. In a new book, At War With Ourselves, he candidly describes his old boss’s foreign-policy foibles. But McMaster is also critical of the Biden administration, particularly how it has handled Afghanistan and Iran. McMaster joined FP Live to describe how he assesses global crises and what the White House needs to do to combat them.

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The China Challenge

The United States has undergone a dramatic change in its China policy in the last decade. How does that play out in day-to-day diplomacy? Nicholas Burns has served as the U.S. ambassador to China since 2022. He will sit down with FP’s Ravi Agrawal in a rare long-form interview to discuss the state of the U.S.-China relationship, encompassing trade, technology, Taiwan, and more.

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Could Civil War Erupt in America?

From Northern Ireland to Syria, Barbara F. Walter has studied the genesis of civil wars around the world. The conditions that foment conflict are predictable, she says—and there are signs that those conditions are growing increasingly visible in the United States. Can citizens and institutions stave off violence? Walter joined FP Live to lay out lessons for the United States in a crucial election year.

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