Last week, we reported that Dina Powell, a partner at financial giant Goldman Sachs, had been serving as a “top adviser on policy and staffing” for Ivanka Trump, daughter of the President-elect. Today, Powell made that relationship official, stepping down from her post at Goldman to work with Ivanka and the other Trumps in the White House, Politico reports.
The White House has not yet announced what Powell’s title would be, but Politico’s Ben White and Annie Karni say that it will be “a senior role that will focus on entrepreneurship, economic growth and the empowerment of women.”
Powell is expected to work closely with Ivanka and her husband, fellow White House-appointee Jared Kushner. It’s not yet clear if Powell will be working directly for them, or how close Ivanka will be to her father’s White House. However, given her husband’s appointment, as well as news today that she is stepping down from her own business and the Trump Organization, it’s likely that she will be as involved as possible, given ethical and anti-nepotism restraints.
Many of Powell’s future coworkers also hailed from Goldman Sachs, including Steven Mnuchin (Treasury secretary), Jay Clayton (Security and Exchanges commissioner), Steve Bannon (advisor), and Gary Cohn (National Economic Council chair). Cohn was previously president of Goldman Sachs.
Powell is a former George W. Bush staffer. At 29, she became chief of the personnel office for the 43rd president, the youngest ever individual chosen for that position. She comes with high regards from Bush’s Senior Advisor, Karl Rove, and his Secretary of State, Condoleezza Rice.