Lucia Moses

Who is Susan Rice, the former national security advisor in Trump’s crosshairs?

President Donald Trump has demanded that Netflix remove former US ambassador and national security advisor Susan Rice from its board, stepping up his criticism of the streaming giant as it seeks to merge with Warner Bros. Discovery amid antitrust scrutiny.

Rice, who served in senior roles in the Obama and Biden administrations, recently warned companies against aligning with Trump. Speaking on the “Stay Tuned with Preet Bharara” podcast published Thursday, she said corporations that “take a knee” to the president and skirt the law should expect consequences, predicting an “accountability agenda” if Democrats take back power.

“There is likely to be a swing in the other direction,” and these companies are “going to be caught with more than their pants down,” Rice said.” They’re going to be held accountable by those who come in opposition to Trump and win at the ballot box.”

Rice, a Democrat, has a long career in US foreign and domestic policy, working under Democratic presidents.

She served in the Clinton administration from 1993 to 2001, including roles at the National Security Council and as assistant Secretary of State for African Affairs.

Under Obama, Rice served as US ambassador to the UN, becoming the second-youngest person at 44 and the first Black woman to represent the US at the UN. She later served as head of the Domestic Policy Council under Biden.

She was born in Washington, D.C., and graduated from Stanford with a degree in history. She worked in management consulting for McKinsey and Company before entering government.

Rice has previously faced criticism from the right. In her 2019 memoir, “Tough Love: My Story of the Things Worth Fighting For,” she wrote that she was a frequent “villain” for conservative media.

After the 2012 killing of four Americans in Benghazi, Libya, Republicans accused her of misleading the public in interviews discussing the attacks. She was later cleared by subsequent investigations.

She also faced scrutiny by Trump and his allies for “unmasking” senior Trump officials to understand why the crown prince of the United Arab Emirates was in New York in 2016.

Unmasking is when senior government officials ask to learn the identity of a US citizen whose name has been withheld in intelligence reports about communications, such as intercepted calls. In some situations, national security officials argue that knowing the person’s identity is necessary to interpret and assess the intelligence information.

As UN Ambassador, Rice supported US intervention against Muammar Gaddafi.

Rice has written op-eds supportive of the Biden administration and accusing Trump of undermining democracy. In a 2025 column in The New York Times, Rice accused members of Trump’s national security team of “reckless negligence” after they discussed sensitive national security matters on Signal.

Disclosure: Mathias Döpfner, the CEO of Business Insider’s parent company, is a Netflix board member.




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Trump’s former chief economic advisor says workers are ‘suffering’ in America’s K-shaped economy

President Donald Trump has boasted about strengthening the US economy since returning to the Oval Office. Meanwhile, millions of Americans say they’re struggling to afford food, rent, and other basic necessities.

Gary Cohn, Trump’s former chief economic advisor, said both these realities are true right now in America.

“If you look at gross domestic product, which is the overall output of the US economy, we’re trending about 5% right now, which is a very high growth rate in the United States,” Cohn said on CBS’ “Face the Nation” on Sunday.

Cohn, who is now IBM’s vice chairman, also cited promising trends in inflation and unemployment rates.

However, those numbers don’t give the whole picture.

“That said, we’ve got an interesting economy,” Cohn said. “We have a massive wealth effect at the top end, and we have got hardworking Americans having a very difficult time paying their bills, and they are suffering in this economy.”

That’s why, Cohn said, the Trump administration is making affordability a key issue going forward.

“The White House is going on the offensive. The president is going to spend time out on the road talking about affordability,” Cohn said. “Affordability will be the issue between now and the mid-term elections.”

The widening gap between wealthy and lower-income Americans is often described as a “K-shaped economy.” That’s when people at the top see profound economic growth, while those at the bottom, who are more sensitive to economic shifts, face financial stress. Some economists have cautioned that a K-shaped economy portends bad days ahead.

“A silent majority of consumers is increasingly strained by a two-year affordability crisis and elevated borrowing costs,” Gregory Daco, a chief economist at EY, said in a recent LinkedIn post. “Slower income growth is pushing many upper-median, median, and lower-income families to draw down savings and rely more heavily on credit to sustain their habits.”

The chief economist of RSM, Joe Brusuelas, said in a recent briefing that the US would need to undergo policy shifts to reshape the economy, but that likely won’t happen in 2026.

“When I take a look at the policy landscape, it’s all tilted toward the upper spur of the K,” he said. “So I’m expecting a further widening of that fundamental inequality in coming years.”




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Meta’s new president is a former Trump advisor — 3 things to know about Dina Powell McCormick

Meta has a new president — and she’s a former advisor to President Donald Trump.

The tech giant named Dina Powell McCormick as its president and vice chairman on Monday. Powell McCormick joined Meta’s board in April before resigning in December.

Before joining Meta, Powell McCormick served as a deputy national security advisor to Trump. The president applauded her appointment on Truth Social: “A great choice by Mark Z!!”

Powell McCormick is the second former Trump official appointed to a Meta leadership position in 2026. Last week, the company hired C.J. Mahoney, a deputy US trade representative during Trump’s first term, as its chief legal officer.

Here are three things to know about Dina Powell McCormick:

She’s served under two Republican presidents

Powell McCormick worked as a Trump advisor during his first term, with a focus on the Middle East.

She had a personal tie to the region. Powell McCormick was born in Cairo, where her father was a captain in the Egyptian army. In 1977, her family moved to Dallas.

During her stint with the Trump administration, Powell McCormick oversaw a $200 billion US-Saudi arms deal, spearheaded Trump’s Middle East tour, and was considered to take over as Trump’s chief of staff or representative to the United Nations.

She left the Trump administration in 2018.


Donald Trump, Elon Musk, and Dina Powell McCormick are pictured at an NCAA wrestling match.

Dina Powell McCormick reunited with Trump — and his friend Elon Musk — at a 2025 NCAA wrestling match.

Mitchell Leff/Getty Images



Powell McCormick also served under President George W. Bush. She started in a personnel role, before rising to senior White House assistant and assistant secretary of state under Condoleezza Rice.

At the time of her resignation in 2007, Powell McCormick was the highest-ranking Arab American in the Bush administration.

She spent 16 years at Goldman Sachs

After leaving the Bush administration, Powell McCormick went to Goldman Sachs, where she was hired as a managing director.

Powell McCormick shot up in stature, making partner in three years. Her rapid rise sparked some bitterness among Goldman’s underclass, according to The New York Times and Vanity Fair.

Under her leadership, Goldman launched its 10,000 Women program. She also oversaw the 10,000 Small Businesses program and served as the president of the Goldman Sachs Foundation.


Dina Powell McCormick is pictured at an event for Goldman Sachs' 10,000 Small Businesses program.

Dina Powell McCormick led Goldman Sachs’ 10,000 Small Businesses program.

Dimitrios Kambouris/WireImage



Powell McCormick was popular among some of Goldman’s biggest names, including Anne Black, the former president of Goldman Sachs Gives and current managing partner at JP Morgan.

“She was really a steadfast champion for me and others of us on the team, who were all promoted thanks to her,” Black told Vanity Fair. “She elevated my game, inspired me to be creative and bold, and expected us to show results.”

Powell McCormick left Goldman Sachs in 2023.

She’s married to Sen. Dave McCormick

While Powell McCormick no longer works in politics, she’s still involved through her husband: Pennsylvania senator Dave McCormick.

The couple wed in 2019. Soon after, Dave began eyeing a Senate run, and Dina became involved in the campaign. She made trips to Mar-a-Lago with her husband and appeared in several ads.

Dave ended up conceding the Republican nomination to Mehmet Oz — also known as television’s Dr. Oz — in the 2022 race. Oz lost the general election to John Fetterman and was later appointed by Trump to lead the Centers for Medicare & Medicaid Services.


Dave McCormick, Dina Powell McCormick, and Kamala Harris are pictured.

Dina Powell McCormick accompanied her husband to his 2024 swearing-in, which was overseen by then-Vice President Kamala Harris.

Alex Wong/Getty Images



In 2024, Dave ran again, narrowly winning a Senate seat and beating incumbent Bob Casey. Dina accompanied him to his swearing-in.




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