Dina Powell,executive counselor on economic initiatives
NEW YORK — President-elect Donald Trump on Thursday named Dina Powell, a Goldman Sachs executive who served in the George W. Bush administration, to a senior White House role, making Powell the latest alum of the prestigious bank to join Trump's team.
Powell has been advising Trump's daughter, Ivanka, but in her new position she will be an assistant to Trump and senior counselor for economic initiatives. She will focus on “entrepreneurship, small business growth and the global economic empowerment of women,” according to a statement from Trump's office.
“I am proud to have her serve as a senior counselor in my administration, where I know she will produce great results working with the highly respected team of experts we have assembled,” Trump said.
Powell is president of the Goldman Sachs Foundation, where she oversees some of the bank's largest philanthropic initiatives, including the “10,000 Women” program, which helps female entrepreneurs around the world. After three years at the bank, Powell was named a Goldman Sachs partner, one of the most highly-sought titles on Wall Street.
“We will miss her at Goldman Sachs but know the country will benefit greatly from her deep commitment to creating opportunity and economic growth in communities throughout the United States,” Lloyd C. Blankfein, the bank’s chief executive, said in a statement.
Before joining Goldman Sachs in 2007, Powell, who was born in Egypt, was one of the highest-ranking Arab Americans in the George W. Bush administration. She served as assistant secretary of state for educational and cultural affairs and deputy to then-Undersecretary of State Karen P. Hughes. She was also the youngest person ever to direct the White House's personnel office.
“The Trump administration has a unique opportunity to unleash the untapped potential of small business owners and female entrepreneurs, and by working together with the public and private sectors we can ensure they continue to be a critical part of growing the economy and creating jobs,” Powell said.
https://www.washingtonpost.com/news...-economic-initiatives/?utm_term=.4d6494ce01ec
