Country: Rhode Island
Gina Marie Raimondo (17 May 1971) is an American politician and venture capitalist who has served as the 40th and current Secretary of Commerce of the United States since 2021. She previously served as the 75th and first female Governor of Rhode Island, from 2015 to 2021, as a member of the Democratic Party.
Raimondo was born in Smithfield, Rhode Island, in 1971. In 1993, she received a Bachelor of Arts degree magna cum laude in economics from Harvard College, where she was a part of The Harvard Crimson’s staff. She was a Rhodes Scholar at New College, Oxford, where she earned a Master of Arts (MA) and a Doctor of Philosophy in sociology in 2002. RaimondoShe later graduated from Yale Law School with a Juris Doctorate in 1998.
After graduating from Yale Law School, Raimondo worked as a law clerk for federal judge Kimba Wood of the United States District Court for the Southern District of New York. She then worked as a senior vice president for fund development at Village Ventures’ Manhattan headquarters, supported by Bain Capital and Highland Capital Groups and based in Williamstown, Massachusetts. She returned to Rhode Island in 2000 to co-found Point Judith Capital, the state’s first venture capital firm and worked as a general partner at Point Judith, where she was in charge of healthcare investments.
When Raimondo ran for governor, Rhode Island had the highest unemployment rate in the country. She reduced taxes every year and eliminated 8,000 pages of regulations, accounting for 30% of the state’s regulations. She increased the state minimum wage to $11.50, established a sick-leave benefit, funded the state’s biggest infrastructure project, appointed more judges of color than any previous Rhode Island governor, and made community institutions tuition-free.
Raimondo is a Rodel Fellow at the Aspen Institute and a Council on Foreign Relations member. In 2012, she earned an honorary degree from Bryant University, as well as accolades from the Northern Rhode Island Chamber of Commerce and the Northern Rhode Island YWCA.
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