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James Mattis with Dina Powell in Riyadh, Saudi Arabia. Photo: Jonathan Ernst - Pool / Getty Images

Dina Powell is returning to Goldman Sachs after serving as the White House's deputy national security adviser. Bloomberg first reported the news, and a source from the investment firm shared the memo with Axios.

From the memo: "Dina will focus on enhancing the firm's relationships with sovereign clients around the world," the memo reads. "Dina will also assume overall responsibility for the firm's corporate engagement initiatives."

Powell, who served in the George W. Bush administration, is known as one of the most highly-networked people in American politics, and left the White House with a string of senior endorsements.

Defense Secretary James Mattis wrote: "With the pending departure of Dina Powell, we are losing an invaluable member of the President's national security team. I personally appreciate Dina's partnership and contributions to the mission of the Department of Defense."

Go deeper

Erica Pandey, author of @Work
34 mins ago - Economy & Business

The wealthy exodus from superstar cities

Pandemic-induced remote work is chipping away at a recent trend of Americans staying put — but only for the well-off.

Why it matters: Telework has been lauded as a geographic equalizer, allowing talented people from all over the country to go for jobs in superstar coastal metros. But the benefits have largely been limited to wealthier workers — so far.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: The end of quarantine — CDC updates guidance on airborne COVID-19.
  2. Politics: Oklahoma secures $2.6 million refund for hydroxychloroquine purchase — Why Biden's latest vaccine goal is his hardest yet.
  3. Vaccines: Pfizer begins application for full FDA approval of COVID-19 vaccine — Moderna says its COVID booster shot shows promise against variants.
  4. Economy: U.S. adds just 266,000 jobs in April, far below expectations.
  5. World: Asia faces massive new COVID surge.
  6. Variant tracker: Where different strains are spreading.
3 hours ago - Health

States request fewer coronavirus vaccines as demand plummets

A pharmacy student preparing a coronavirus vaccine in Angeles, California, on May 7. Photo: Frederic Brown/AFP via Getty Images

States are requesting fewer doses of the coronavirus vaccine as demand for the shots plummets, according to AP.

Why it matters: Over half of all American adults have now gotten at least one shot of a vaccine, and 42% of adults are fully vaccinated. But administering more vaccines may become more difficult because adults who are enthusiastic about getting vaccinated have likely already received at least one dose.