Daleep Singh

Daleep Singh (born 1975/1976) is an American economic advisor who is a Deputy National Security Advisor for International Economics in the Biden administration.[2]

For other people with similar names, see Dalip Singh.
Daleep Singh
United States Deputy National Security Advisor for International Economics
Assumed office
February 1, 2021
PresidentJoe Biden
Preceded byWally Adeyemo (2016)
Assistant Secretary of the Treasury for Financial Markets
Acting
In office
February 1, 2016 – January 20, 2017
PresidentBarack Obama
Preceded bySeth Carpenter (Acting)
Succeeded byMonique Rollins (Acting)
Personal details
Born1975/1976 (age 46–47)[1]
Olney, Maryland, U.S.
RelativesDalip Singh Saund (great-granduncle)
EducationDuke University (BA)
Massachusetts Institute of Technology (MBA)
Harvard University (MPA)

He is one of the architects of the sanctions that the US implemented on Russia after Russia invaded Ukraine in 2022.

Early life and education

Singh was born to a Sikh family in Olney, Maryland and raised in Raleigh, North Carolina. [3] [4] His great-granduncle was the first Asian American elected to Congress, Dalip Singh Saund.[5] Singh earned a Bachelor of Arts degree in economics and public policy from Duke University, followed by a dual Master of Business Administration and Master of Public Administration in international economics from the Massachusetts Institute of Technology and the Harvard Kennedy School. [6][7]

Career

Singh has worked as executive vice president and head of the markets group at the Federal Reserve Bank of New York. He was also deputy assistant secretary of the Treasury for international affairs and acting Assistant Secretary of the Treasury for Financial Markets in the Obama administration.[8][9][10]

It was reported he would be appointed as Deputy National Security Advisor at the National Security Council and deputy director of the National Economic Council to take office in mid-February 2021.[11][12]

Russia's invasion of Ukraine

Singh has been one of the chief architects behind economic sanctions imposed by the Biden Administration on Russia, after the Russian invasion of Ukraine in late February 2022.[13][14] Singh identified that the Russian economy was dependent on Western technologies such as microchips and software, and that Russian banks were dependent on overseas capital.[14] He helped to coordinate sanctions on Russia's central bank, as the US, EU, UK and Canada prohibited its banks from doing business with the Russian central bank.[14] According to the New Yorker, "No entity as large as the Russian Central Bank, nor so important to the global economy, had been sanctioned in modern times."[14]

Singh is planning to "take an extended leave of absence" from the White House beginning in May 2022, the Washington Post reported.[15]

References
  1. "New York Fed's Daleep Singh to Join Joe Biden Administration as Deputy NSA". Hindustan Times. February 7, 2021. Retrieved February 11, 2021.
  2. "Biden Taps New York Fed Market Chief as National Security Deputy". Bloomberg.com. 2021-02-05. Retrieved 2021-02-09.
  3. "Op-Ed: Deputy National Security Advisor Daleep Singh on Supporting the Asian Americans and Pacific Islanders Community". The White House. 2021-06-04. Retrieved 2021-02-25.
  4. "Indian American Daleep Singh joining Biden team as deputy NSA". The American Bazaar. 2021-02-08. Retrieved 2021-02-13.
  5. "Biden Plans To Name New York Fed Market Chief Daleep Singh As National Security Deputy". NDTV. February 7, 2021. Retrieved February 12, 2021.
  6. "dsingh41 | Johns Hopkins SAIS". sais.jhu.edu. Retrieved 2021-02-09.
  7. "Daleep Singh - FEDERAL RESERVE BANK of NEW YORK". www.newyorkfed.org. Retrieved 2021-02-09.
  8. Katz, Ian (February 12, 2016). "Daleep Singh to Run U.S. Treasury's Financial Markets Office". Bloomberg News. Retrieved February 12, 2021.
  9. Hunnicutt, Jonnelle Marte, Trevor (2021-02-05). "Biden to name New York Fed's Singh as deputy security adviser". Reuters. Retrieved 2021-02-09.
  10. Reporter, India-West Staff. "NY Fed Reserve Bank Indian American Economist Daleep Singh Named Deputy National Security Adviser for Biden Administration". India West. Retrieved 2021-02-09.
  11. "Wally Adeyemo – Senior Adviser (Non-resident), Economics Program". Center for Strategic and International Studies. Retrieved February 12, 2021.
  12. Obama, Barack. "Statement on the Designation of Adewale Adeyemo as Deputy National Security Adviser for International Economics". University of California, Santa Barbara. Retrieved February 12, 2021.
  13. Interview with Daleep Singh, White House Advisor: We Can Impose More Sanctions On Russia’s Largest Institutions on YouTube, MSNBC
  14. "The Biden Official Who Pierced Putin's "Sanction-Proof" Economy". The New Yorker. 2022-03-25. Retrieved 2022-03-27.
  15. "Biden's sanctions coordinator to take leave of absence from White House". Washington Post. ISSN 0190-8286. Retrieved 2022-04-27.
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