Identities / Gina Marie Raimondo - Gina Raimondo . This is a BETA experience. Having said that, Raimondos support seems to have been ill-timed, seeing as how Bloomberg dropped out of the race less than a month later. [32] Describing the position of general treasurer as a professional job, not a political job", Raimondo announced her candidacy for the position, her first campaign for elected office. Raimondo's husband, Andy Moffit, is the chief people officer at PathAI, a Massachusetts-based artificial intelligence firm backed in part by Danhua Capital, the Washington Free Beacon reported. In less than two years in Washington, Ms. Raimondo, 51, has emerged as one of President Bidens most trusted cabinet officials. [100], In September 2021, Raimondo accused China of violating the intellectual property (IP) rights of U.S. companies, and stated that the Chinese government has put in place "all kinds of different barriers for American companies to do business in China. Gina Raimondo leader of 'China Lobby', "Commerce Implements Sweeping Restrictions on Exports to Russia in Response to Further Invasion of Ukraine", "Chinese companies that aid Russia could face U.S. repercussions, commerce secretary warns", "2010 Statewide Primary General Treasurer", "2010 General Election General Treasurer", "WEDDINGS Gina Raimondo, Andrew Moffit", "About the Governor Rhode Island Office of the Governor", "Rhode Island business news: February 2022 - The Boston Globe", https://en.wikipedia.org/w/index.php?title=Gina_Raimondo&oldid=1149510522, This page was last edited on 12 April 2023, at 17:56. The Raimondo Administration ultimately ignored the federal warnings resulting in benefit delays, system downtime, and benefit loss caused in error. Identities Podcasts People Ai. Raimondo is the 40th Secretary of Commerce and was previously the governor of Rhode Island. [18] However, Senator from California Kamala Harris was chosen as Biden's running mate instead. And in October, the department issued sweeping restrictions on advanced semiconductor exports to China in an attempt to curtail the countrys access to critical technology that can be used in war. [37], Under Raimondo's tenure, the pension fund was criticized for underperforming when compared with its peers. [5] While in office, Raimondo was elected to serve as vice chair of the Democratic Governors Association (DGA) for the 2018 election cycle. Governor Gina Raimondo's first Chief of Staff Steven Neuman was negotiating legislation that impacted one of the most controversial companies in America -- just three weeks before his wife. Federal officials judged that the state was not compliant in lowering a significant case backlog, starting a sufficient call-center, adequate staff training, and improving wait times at Health and Human Services field offices. Were super excited about the Indiana announcement, she said. Their marriage ceremony took place at the Roman Catholic Cathedral in Rhode Island. Though first seen as a likely Secretary of Health and Human Services, Raimondo announced on December 3, 2020, that she would not be taking that role. Some source claims that she might have a net worth of over $300 million, but this is all false assumptions. At the same time, the department has increased the number of children placed in licensed foster family homes.[78]. For those who are unfamiliar, payday loans see high interest charged on small principals that are meant to be repaid when the borrower receives their next paycheck, thus explaining their name. As of December 2020 DCYF does not have a permanent director. Raimondo was elected to serve as the vice chair of the Democratic Governors Association (DGA) for the 2018 election cycle. He is a member of the Republican Party who assumed office in 2019. Raimondo stayed in that job for about three years, before deciding to return home to Rhode Island to start her own shop. "[101] In October 2021, Raimondo was criticized for stating "there's no point in talking about decoupling our economy from China's" by Republican Senator Tom Cotton. View Larger + . [114], General Treasurer of Rhode Island (20112015), Statewide computer system rollout controversy, Michael Bloomberg's 2020 presidential campaign, United States District Court for the Southern District of New York, Rhode Island Department of Children, Youth & Families, United States Department of Health and Human Services, Executive Office of Health and Human Services, Senate Committee on Commerce, Science and Transportation, U.S.-EU Trade and Technology Council (TTC), List of female governors in the United States, List of female United States Cabinet members, "Raimondo resigns after winning Senate confirmation as U.S. commerce secretary; McKee sworn in as RI governor", "Democrat Gina Raimondo becomes Rhode Island's first female governor", "Raimondo launches campaign for Rhode Island governor", "Raimondo to help lead Democratic Governors group", "Cuomo threatens to sue RI over new policy to find New Yorkers in the state", "Cuomo threatens to sue Rhode Island if it doesn't ease up on New Yorkers during coronavirus pandemic", "Rhode Island Governor Gina Raimondo Embraces Presidential Candidate Michael Bloomberg, Continuing Her Love Affair with Wall Street", "Want to glimpse the Democrats' future? But [supporting Biden] is an easy decision, too." "Gina M. Ms. Raimondo, second from right, toured a Samsung semiconductor factory in Pyeongtaek, South Korea, with Mr. Biden in May. Additionally, she receives extra remuneration of $100,000, including bonuses and personal expenses. Gina Marie Raimondo (born May 17, 1971) is an American politician and venture capitalist who has been the 75th Governor of Rhode Island since 2015. That commitment eventually caused a stir because, four years later, Raimondo won an election to become state treasurer, putting her in position to oversee Rhode Islands investments. Image: Gina Raimondo has a net worth of at least $5 million. This site uses Akismet to reduce spam. Today, Governor Roy Cooper joined U.S. Commerce Secretary Gina M. Raimondo at the Kramden Institute in Durham to announce the Biden-Harris Administration's Internet for All initiative. At an event held by the Atlantic Council in September, Ms. Raimondo acknowledged that people were watching closely and that the administrations credibility was on the line. She joined a Massachusetts-based firm called Village Ventures, which created a network of regional venture-capital funds. gina raimondo husband net worth. Less than a month later, however, Bloomberg dropped out of the race and endorsed former Vice President Joe Biden. [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. Pete Buttigieg is the U.S. Secretary of Transportation. 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. "About Commerce. Joe Bidens pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. The two firms teamed up on certain deals, including one involving a medical-device company named Novare Surgical. A onetime venture capitalist and the former governor of Rhode Island, Raimondo is well-liked by the business community and a moderate Democrat who enjoyed bipartisan Senate support for her. Raimondo received criticism from Senator Elizabeth Warren, who argued that her comments contradicted the Biden Administration's efforts "to protect consumers and workers from Big Tech monopolies". Long, the first Black woman to serve on the Rhode Island Supreme Court.[54]. She was also the first female governor of Rhode Island. Apart from politics, Gina is active in social works as well. A line drawing of the Internet Archive headquarters building faade. 5. [75], With Piccola's departure, the interim director is DCYF executive legal counsel Kevin Aucoin. Investopedia requires writers to use primary sources to support their work. He has a long history of political involvement on both the federal level and the state level in Washington. Like Gina, Nikki Haley is the first female governor of South Carolina. Share Tweet. Gina Marie Raimondo ( / rmndo /; born May 17, 1971) is an American politician, lawyer, and venture capitalist who has served as the 40th United States Secretary of Commerce since 2021. She is the first woman to have been elected in the role, which she stepped into in 2015. CreditJared Soares for The New York Times. She received a Master of Arts and Doctor of Philosophy in Sociology. [23][24] Raimondo received her Juris Doctor degree from Yale Law School in 1998. [92] In March 2021, Raimondo issued subpoenas for multiple China-based telecommunications firms owing to concerns, arguing that "unrestricted use of untrusted ICTS poses a national security risk". You can learn more about the standards we follow in producing accurate, unbiased content in our. Gina Marie Raimondo was born on May 17, 1971, in Smithfield, Rhode Island, U.S. She is 49 years old as of 2020. U.S. Secretary of Commerce, Gina Raimondo, has a net worth of approximately $10 million. Point Judith subsequently relocated its offices to Boston, Massachusetts. At the same time, the administration is choking off Beijings access to advanced chips and other technology critical to Chinas military and economic ambitions. On top of that, Raimondo is the Chair of the Democratic Governors Association. Currently, she is on her second term, having won the gubernatorial election in 2014 as well as the gubernatorial election in 2018. Gina Raimondo Net Worth. Katherine Tai is the U.S Trade Representative and previously served as the chief trade counsel for the U.S. House Ways and Means Committee. [67] Raimondo appointed Trista Piccola as her new DCYF director in January 2017. Shes going to be in a tough spot because there probably will be failures or disappointments along the way, he said. 0:00. U.S. Department of Commerce. Net worth: $1 million and $5 million dollars; Gina Raimondo Age and Birthday. October 29, 2022 November 1, 2022 - by Adeela Ch - Leave a Comment . Until 2011, she was an administrator of Women and Infants Hospital and chair of its Quality Committee. "U.S. Department of Commerce. President-elect Joe Biden has selected Rhode Island Gov. Gov. September 2014: General Treasurer Gina Raimondo takes 42% of the vote to beat Angel Taveras, Clay Pell and Todd Giroux in the . Gina is the youngest of three children born to parents, Josephine (mother) and Joseph Raimondo (father). Currently, she is on her second term, having won the gubernatorial election in 2014 as well as the gubernatorial election in 2018. [20][21] She went on to Harvard College, graduating magna cum laude in 1993 with a Bachelor of Arts degree in economics. Third, she has a Juris Doctor that was earned from the Yale Law School. You should have a chance to fight the decision to rip away your health insurance. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. In less than two years in Washington, Ms. Raimondo has emerged as one of President Bidens most trusted cabinet officials. I have real concerns about the departments approach, whether its approving assault weapon sales, negotiating trade deals or supporting big tech companies.. She has been holding that office since early 2021. The State of Rhode Island invested $5 million in one of Raimondo's funds around 2006. She hosted a roundtable discussion with then-Providence mayor Angel Taveras and members of the Rhode Island Payday Reform Coalition. [18] State-by-state polling by Microsoft News in April 2020 found that 76% of Rhode Islanders said they approved of the work done by Raimondo and her administration "to keep people safe" during the ongoing crisis. Gina Raimondo served a four-year term as Rhode Island's general treasurer beginning in Jan. 4, 2011 before being elected governor in 2014. [62] In February 2017, Executive Secretary of Health and Human Services Elizabeth H. Roberts resigned from her cabinet post in the Raimondo Administration[63] due to the failed roll-out of the UHIP. We're trying to work that out." "And yes, I think probably I would . She grew close with Mike Donilon, a top adviser to Mr. Biden, and his brother Thomas E. Donilon, who served as national security adviser to President Barack Obama. [14], Gina Marie Raimondo was born in 1971[15] in Smithfield, Rhode Island, where she later grew up. However, she has also raised the minimum wage to $11.50, provided free tuition at community colleges, and financed the single biggest infrastructure program in her states history. Mr. Biden, then vice president, came to her defense. Updated: 01/07/2021 01:56 PM EST. [94] Raimondo has faced criticism from some progressives for her opposition to the European Commission's Digital Markets Act (DMA) proposal. Her current term ends on January 20, 2025. But Ms. Raimondo has also received some criticism on that front. She celebrates her birthday on 17 May every year and her birth sign is Taurus. 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. Table of Contents show 1. Additionally, she receives extra remuneration of $100,000, including bonuses and personal expenses. Gina Raimondo to serve as secretary of Commerce, according to two people familiar with the decision . While the scale of the task is daunting, it so far has not fazed Ms. Raimondo. Born and Raised in Smithfield, RI While Raimondo was running Rhode Island, her husband Andy Moffit was working for McKinsey & Company, the global consultancy. The governor is now getting . She previously served as the Governor of Michigan and as the state's Attorney General. She was awarded an honorary degree from Bryant University, in 2012; and has received awards from the northern Rhode Island chamber of commerce and the YWCA of northern Rhode Island. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Biden Picks Rhode Island Governor for Commerce Secretary. 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. Gina Raimondo, the commerce secretary, has made a career of tackling increasingly larger challenges. Secretary Raimondos job is to help grow an economy that works for everyone, not to be the chief lobbyist for the Chamber of Commerce, Ms. Warren said in a statement to The New York Times. Recently, Governor Gina Raimondo has been criticized for accepting $12,500 in campaign and. books with characters like celaena sardothien, Supreme Court. [ 78 ] line drawing of the Democratic Governors Association characters like celaena sardothien /a. Number of children placed in licensed foster family homes. [ 78 ] celebrates Birthday. 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