Dina Powell to the U.N.?
(Source: politico.com)

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(Original link: politico.com)

Editor's Note: This edition of Free Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro's comprehensive policy intelligence coverage, policy tools and services, click here . DINA POWELL TO THE U.N.? — As I reported last night , Dina Powell, the Goldman Sachs executive and former senior White House official, is President Trump’s top choice to replace outgoing United Nations Ambassador Nikki Haley, two people familiar with the matter said.
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Powell, who returned to Goldman in a senior role after leaving her job as Trump’s deputy national security adviser, is said to be strongly considering the job but also weighing family concerns. Powell already lives in New York, when the U.N. is based, but has young children and left the administration in part to spend more time with family. She is also said to be happy in her job at Goldman.
Powell, born in Egypt and raised in the United States, is well liked by Trump as well as the president’s daughter Ivanka and son-in-law Jared Kushner. But she is already coming under criticism from some conservatives on social media who argue that Powell is a “globalist” not closely enough aligned with Trump’s “America first” foreign policy approach. Trump on Tuesday described Powell as a “person I would consider” when asked about her possible nomination. “She is under consideration. We have, actually, many names,” Trump said.
OTHER NAMES — Other potential Haley successors include: Richard Grenell, the U.S. ambassador to Germany, who previously served as a spokesman for the U.S. Mission to the U.N.; and Kelly Craft, the U.S. ambassador to Canada. Some Trump supporters on Twitter on Tuesday pushed for Grenell over Powell.
People familiar with the matter said the White House has been in touch with Powell about the job and that Powell asked for some time to consider it. The White House did not immediately respond to a request for comment. Haley posted a picture on Twitter over the weekend of her on a boat with Powell and Powell’s fiancé David McCormick, the co-CEO of global investment firm Bridgewater Associates.
DISCLOSURE ISSUES? — Two people familiar with the matter also cited the need for more extensive financial disclosure for Powell and potentially for family members than was required for her pervious role in the White House, as a possible concern. While at the Trump White House, Powell served as both an economic adviser and a specialist on the Middle East and other foreign policy initiatives.
BOTTOM LINE — As of this moment, this job is Powell’s if she decides she wants it. And it’s a dream job for her so chances are she finds a way to yes. But absolutely nothing in Trump world is a done deal until it’s announced and finalized. The president could easily move on to other names depending on whomever he talks to in the coming days.
CNBC’s Brian Schwartz also reported on Powell as a candidate: “Powell … has had discussions with senior members of the administration about possibly succeeding … Haley as U.S. ambassador to the United Nations.
“In the days leading up to Haley's sudden and surprising resignation Tuesday, senior White House officials reached out to Powell about possibly taking the role, according to three people with direct knowledge of the matter.” Read more .
NEW NAFTA IS NOT DONE YET — The newly drafted trade agreement between the United States, Mexico and Canada still has multiple details that need to be worked out and includes a provision directly aimed at China that has angered leadership in Beijing.
On the latest POLITICO Money podcast , POLITICO Pro Canada’s Alexander Panetta breaks down exactly what’s in the revamped NAFTA deal, known as the “U.S. Mexico Canada Agreement” and the legislative and political challenges it still faces.
And South China Morning Post Washington correspondent Owen Churchill explains how Beijing is reacting to the USMCA and where the trade war between the U.S. and China is headed.
** A message from Morgan Stanley: Are we on a path toward $90 oil? Morgan Stanley’s Global Oil Strategist, Martijn Rats, says even though U.S. shale output is surging, demand for jet fuel, diesel oil and other middle distillates could push oil prices higher. Read more about what this could mean for investors. **
TRUMP DINGS THE FED … AGAIN — POLITICO’s Victoria Guida: “Trump took aim once again at the Federal Reserve on Tuesday, arguing that the central bank could be hiking interest rates more slowly but saying he has not spoken to Fed Chairman Jerome Powell about it. ‘The Fed is doing what they think is necessary, but I don’t like what they’re doing,’ Trump told reporters on the White House South Lawn, referring to the Fed’s series of rate increases.
“‘The numbers that we’re producing are record-setting,’ he said. ‘I don’t want to slow it down even a little bit, especially when you don’t have the proble...