The Trump Administration Isn't Just A Bunch Of Goldman Dudes – Now There's A Goldman Woman

The newest White House pick adds needed diversity to the administration's roster of Goldmanites.
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When it was just Steve Mnuchin, it was a curiosity. Then Steve Bannon and Anthony Scaramucci joined the Trump train and things began to look a bit odd. By the time Goldman Sachs' then-president Gary Cohn accepted a spot in the incoming administration, the joke seemed to be wearing thin. Was Trump's team going to be all Goldman dudes?

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Evidently, no – now the incoming administration tapped a Goldman woman. On Wednesday, multiple outlets reported that Dina Powell, a Goldman partner who works on philanthropy at the bank, will soon be joining Team Trump. From Bloomberg:

Powell, a partner since 2010, will be a presidential adviser, one of the people said Wednesday, asking not to be identified discussing the private talks. Powell has worked closely with Ivanka Trump, but the president-elect’s daughter isn’t expected to have a formal role in the West Wing.

The position means a return to government for Powell, who served in George W. Bush’s administration before joining New York-based Goldman Sachs in 2007. She was personnel director in Bush’s White House and then U.S. assistant secretary of state for educational and cultural affairs. Powell donated to Jeb Bush’s 2016 presidential campaign.

That makes five Goldmanites now working for the guy who once equated Lloyd Blankfein's bank to the “global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities.”

Powell – who led Goldman's impact investing arm and helped launch its 10,000 Women project – will reportedly focus on entrepreneurship and women's empowerment. Step one: Join Goldman Sachs.

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