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Sunday, 15 January 2017

Dina Powell appointed Trump economic advisor

One of Trump’s top economic advisors is Egyptian by birth: Goldman Sachs partner Dina Powell, 43, a former State Department official and one-time White House staffer, is joining the Trump administration as Assistant to the President and Senior Counselor for Economic Initiatives, according to a statement from Goldman Sachs that’s gotten wide pickup (Bloomberg, Financial Times). The story is getting plenty of ink as the latest example of Goldman’s “return from the wilderness” to the corridors of power, but we’re taking note because Powell is Egyptian by birth, as the FT reminds us: “The daughter of an Egyptian Army captain, Ms Powell was born in Cairo and emigrated with her family to Dallas when she was four years old.” Many of our readers will remember Powell as head of Goldman’s 10k Women and 10k Small Businesses initiatives. Politico broke the news, and CNN is now following Politico’s lead in positioning Powell as Ivanka Trump’s proxy in the White House.

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