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Photo: Jim Watson/AFP/Getty Images

Axios has learned that one interesting person still scheduled to attend Saudi's "Davos in the Desert" conference, albeit not in a speaking role, is Dina Powell — who rejoined Goldman Sachs earlier this year as a member of its management committee after a stint in the Trump White House.

Update: Goldman Sachs CEO David Solomon said in a Thursday afternoon interview with CNBC that while Powell had been planning to attend, she no longer will.

The big picture: This comes shortly after Powell pulled herself out of consideration to replace Nikki Haley as U.S. Ambassador to the UN, and her continued attendance seems to be both because sovereign funds are part of her coverage area, and out of a responsibility she feels to the U.S.-MBS relationship she helped to foster.

Also don't be surprised to see a bunch of bankers from Goldman floating around, particularly those on regional coverage teams. Same goes for other big investment banks, including some whose CEOs pulled themselves off the program.

Go deeper

Collins helps contractor before pro-Susan PAC gets donation

Sen. Susan Collins during her reelection campaign. Photo: Scott Eisen/Getty Images

A PAC backing Sen. Susan Collins in her high-stakes reelection campaign received $150,000 from an entity linked to the wife of a defense contractor whose firm Collins helped land a federal contract, new public records show.

Why it matters: The executive, Martin Kao of Honolulu, leaned heavily on his political connections to boost his business, federal prosecutors say in an ongoing criminal case against him. The donation linked to Kao was veiled until last week.

How cutting GOP corporate cash could backfire

Illustration: Aïda Amer/Axios

Companies pulling back on political donations, particularly to members of Congress who voted against certifying President Biden's election win, could inadvertently push Republicans to embrace their party's rightward fringe.

Why it matters: Scores of corporate PACs have paused, scaled back or entirely abandoned their political giving programs. While designed to distance those companies from events that coincided with this month's deadly siege on the U.S. Capitol, research suggests the moves could actually empower the far-right.

8 hours ago - Politics & Policy

Scoop: Kaine, Collins pitch Senate colleagues on censuring Trump

Sen. Tim Kaine speaks with Sen. Susan Collins. Photo: Andrew Harnik/AP via Getty Images

Sens. Tim Kaine and Susan Collins are privately pitching their colleagues on a bipartisan resolution censuring former President Trump, three sources familiar with the discussions tell Axios.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction in his second impeachment.