Meta, Facebook’s parent company, appoints Dina Powell McCormick as president and vice chairman. Powell McCormick, a former Trump administration adviser, will guide Meta’s strategy and multi-billion-dollar investments. U.S. President Donald Trump praised the move, citing her strength and distinction in serving his administration. Zuckerberg highlights Powell McCormick’s global finance experience as a key asset for Meta’s growth. Powell McCormick has a finance background, previously serving at Goldman Sachs and holding leadership roles at BDT & MSD Partners. She resigned from Meta’s board in December and is married to U.S. Sen. David McCormick. Meta’s move to bring Powell McCormick onboard is part of a broader effort to strengthen ties with Trump, who was previously banned from Facebook. Zuckerberg has engaged with Trump, promising significant U.S. investments and appointing Dana White to the board.

Read more at Yahoo Finance: Meta names former Trump adviser Dina Powell McCormick as president and vice chairman