Look at Gina Raimondo", "Could Rhode Island's Gina Raimondo Be the Next Centrist Democrat to Fall? Ms. Raimondo beamed as she greeted. Currently, Raimondo is overseeing the second phase of her reopening plan, which involves even more loosening of restrictions. While Gina sure has a massive income, her net worth might not be less than $5 million. But [supporting Biden] is an easy decision, too." The lieutenant governor, Sabina Matos, makes $122,740. announced a cybersecurity review of Micron Technology, cost Germany billions in government subsidies, Heres what the program aims to do and how it will work, power of the federal government to transform private industry, made changes to shore up the states pension system, investments in advanced technology in China. From 2011 to 2015, she served as the General treasure of her Island and she has the . from Yale Law School. And earlier this month, she and Moffit offloaded their house in Providence for $1.2 million. Raimondos partners largely focused on telecom and internet opportunities, while she chased healthcare companies. He has had a long and successful political career but there, Read More 10 Things You Didnt Know About Brian KempContinue, Jay Inslee is the current Governor of Washington. And if the answer is yes, I think we will be able to convince Congress and others to do more.. ", "Opinion | The Loneliness of the Moderate Democrat", "Biden's Pick To Run the Commerce Department Is No Progressive", "The 'hidden player' in Biden's Jobs Cabinet", "Nardolillo Funeral Home Published an Obituary for Joseph Raimondo", "Opinion | This is the vice president who would restore adult supervision in Washington", "Rhode Island politicians were neighbors in Narragansett as children", "La Salle Academy removes all photos from Wall of Notables after Raimondo controversy", "Gina M. Raimondo, University Leadership", "Gina M. Raimondo '93 Recalls Harvard as Formative | News | The Harvard Crimson", "Gina Raimondo Math Convinces Rhode Island of America's Prospects", "The 2007 Life Sciences & Healthcare Venture Summit", "GoLocalProv State Pension Fund Pays $570,000 to Raimondo's Former Firm", "GoLocalProv GoLocal Voter's Guide GT Candidates: Gina Raimondo", "BREAKING: Tom Sgouros Drops out of Treasurers Race", "Raimondo calls upon Italian values to steer campaign course", "Providence pension tab tops $900M with lower investment rate", "Report claims R.I. employee pension system 'mismanaged', has 'squandered billions', "RI pension fund again lags its peers with return of 11.1% WPRI.com Blogs", "Rhode Island Pensioners 3% COLA Will Go to Pay Wall Street 4%+ Fees", "Press Release: Ocean State Investment Pool Open to Municipalities", "State launches investment pool with Fidelity", "The Ocean State Investment Pool | Rhode Island State Investment Information Center", "Op-ed: Protect R.I. from these abusive lenders", "Gina Raimondo wins costly R.I. governor's race - The Boston Globe", "She didn't win big. As a governor, her annual salary is over $125,000. In 2016, Fortune named her as one of the World's 50 Greatest leaders. ", U.S. Department of Commerce. Additionally, Gina has a Juris Doctor degree, which she earned from Yale Law School in 1998. Ms. Raimondo beamed as she greeted the chief executive of SkyWater Technology, a chip company that had announced plans to build a $1.8 billion manufacturing facility next to the Purdue campus. [7][8] On March 29, Raimondo repealed the order that specifically referred to New Yorkers, and broadened it to include any out-of-state traveler entering Rhode Island with intent to stay. Democrat Gina Raimondo resigned the state's top office on Tuesday night, hours after winning U.S. Senate confirmation as commerce secretary on an. After being together for a few years, the couple got married in 2001. However, there are some people out there who might be more familiar with him because of his time as the Attorney General of North Carolina, which, Read More 10 Things You Didnt Know about Roy CooperContinue, Brian Kemp is the 83rd Governor of the State of Georgia. He is a member of the Republican Party who assumed office in 2019. Also learn detailed information about Current Net worth as well as Gina Raimondo's earnings, Worth, Salary, Property, and Income. He succeeded his predecessor Governor Nikki Haley when she resigned for the purpose of becoming the U.S. Critics of the Biden administrations plans have noted that the federal government may not be the best judge of which technologies to back. "U.S. Department of Commerce. Gina Raimondo's COVID-19 approval rating plummeted during her final month as governor By Dan McGowan Globe Columnist, Updated March 24, 2021, 9:12 a.m. The State of Rhode Island invested $5 million in one of Raimondo's funds around 2006. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. In 2020, Raimondo picked one of her old business partners to serve as a trustee for the University of Rhode Island. At Commerce, Ms. Raimondo has taken an active role in trade negotiations, at times overshadowing the Office of the United States Trade Representative, which traditionally crafts the countrys trade deals. [7][8] In the 2020 presidential election, Raimondo served as co-chair of Michael Bloomberg's 2020 presidential campaign. He has a long history of political involvement on both the federal level and the state level in Washington. What is Gina Raimondo's net worth? Raimondo went on to graduate with honors from Harvard, where she was recognized as the top economics student in her class. She went to Harvard, then Oxford as a Rhodes Scholar, then Yale Law School. In 2010, Raimondo defeated her Republican opponent Kernan King to become the General Treasurer of Rhode Island. She has been holding that office since early 2021. Her father worked at the Bulova watch factory. [102], Following the 2022 Russian invasion of Ukraine, the Department of Commerce under Raimondo implemented export controls in order to restrict Russia's access to military technology. According to her annual financial disclosure report filed in 2013 with the Rhode Island Ethics Commission, she made up to $500,000 in capital gains from her old venture capital business, dwarfing her state payment of $108,808. CreditJared Soares for The New York Times. [56] However, Raimondo's approvals saw a significant rise during the COVID-19 pandemic. [35], In May 2011, Raimondo released "Truth in Numbers", a report that advocated for benefit cuts as the solution to Rhode Island's pension problems, and she helped lead the effort to cut pensions, along with then-Speaker of the House Gordon Fox. [28] At Point Judith, Raimondo served as a general partner covering health care investments; she retains some executive duties with the firm. [85] She appeared before the Senate Committee on Commerce, Science and Transportation on January 26. Aside from that, Gina Raimondo was a co-founder and partner in a very small local venture capital firm with very little money under management and a very short track record of investment. ", Politico. Secretary Raimondo was sworn into office as Governor in January 2015 and won a second term in 2018. Identities Podcasts People Ai. . Second, she has both a Master of Arts and a Doctor of Philosophy in Sociology from New College, which is one of the constituent colleges of the University of Oxford. Neera Tanden is a political consultant and serves as a senior advisor and Staff Secretary under President Joe Biden. [113], Raimondo serves as vice chair of the board of directors of Crossroads Rhode Island, the state's largest homeless services organization. [39], Raimondo created the Ocean State Investment Pool (OSIP), designed as a low-cost investment vehicle intended to help the state and municipalities better manage and improve the investment performance of their liquid assets, which are used for day-to-day operations including payroll and operating expenses. "[79] As campaign co-chair, Raimondo would have "provided advice and attended events". [80] On the same day, Raimondo also endorsed Biden. Gina Raimondo is the U.S. Secretary of Commerce. Nasdaq CEO Adena Friedman on the Future of Stock Exchanges. [18] Raimondo appointed more judges of color than any of her predecessors,[53] including Melissa A. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Barack Obamas secretary of commerce, Penny Pritzker, was worth more than $2 billion when she served in office. Got Into a Conflict with Governor Andrew Cuomo, 10 Things You Didnt Know About David Ige, 10 Things You Didnt Know about Henry McMaster, 10 Things You Didnt Know about Andrew Ginther, 10 Things You Didnt Know about Roy Cooper, 10 Things You Didnt Know About Brian Kemp, 10 Things You Didnt Know about Jay Inslee, The 10 Best Mercedes GLC Models of All-Time, 20 Things You Didnt Know About Emily Ratajkowski, The 10 Best Toyota Avalon Models of All-Time, The 10 Most Expensive Cigarette Boats in the World. This site uses Akismet to reduce spam. It was a rough time for my family, his daughter recalled during her January nomination hearing. [9] Raimondo was named a national co-chair for the Bloomberg campaign. Raimondo concluded that it was now time "to unify behind Joe Biden".[81]. [20][21] She went on to Harvard College, graduating magna cum laude in 1993 with a Bachelor of Arts degree in economics. She has served on the boards of La Salle Academy and Family Service of Rhode Island. On top of that, Raimondo is the Chair of the Democratic Governors Association. Gina Raimondo is the U.S. Secretary of Commerce. [43], Raimondo submitted letters to the Senate and House Corporations Committees in support of payday reform legislation. In an interview, Ms. Raimondo said that the claim was just not true and that exemptions were based on technical specifications, not political considerations. The U.S. Department of Commerce "promotes job creation, economic growth, sustainable development, and improved standards of living for all Americans by working in partnership with businesses, universities, communities, and our nation's workers.". Harvard Kennedy School professor and former Obama Administration official Jeffrey Liebman agreed with the recommendations and analysis of the report from the U.S. Department of Health and Human Services and claimed that the DCYF is "the most messed-up agency ever". Ultimately, his workplace, the Bulova watch factory, moved overseas, forcing the elder Raimondo into an early retirement in his 50s. Her family is Italian-American, thus making her family of Italian origin. [74] The federal report noted that DCYF services were "inadequate, not developed when needed, or lacked consistent monitoring". Here's How Much Treasury Secretary Janet Yellen Is Worth, Here's How Much Secretary Of Defense Lloyd Austin Is Worth, Here's How Much Secretary Of Homeland Security Alejandro Mayorkas Is Worth, How Pete Buttigieg Cashed In On His Candidacy, Heres How Much Treasury Secretary Janet Yellen Is Worth, Heres How Much HHS Secretary Xavier Becerra Is Worth. The incoming administration will select Gina M. Raimondo, a moderate Democrat, to guide a sprawling department critical to business and . Gina Raimondo-Net Worth, Bio, Family, Facts 2022. Of Italian descent, she is the youngest of Josephine (Piro) and Joseph Raimondo's three children. Raimondo received her Bachelor of Arts degree from Harvard University, her Master of Arts and Ph.D. degrees as a Rhodes Scholar at the University of Oxford, and her J.D. Investopedia requires writers to use primary sources to support their work. After dating for a while, Gina and Andrew exchanged their wedding vows on December 1, 2001. 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