Gina M. Raimondo serves as the 40th U.S. Secretary of Commerce and was sworn in by Vice President Kamala Harris on March 3, 2021. As Secretary of Commerce, she is focused on a simple but vital mission — to spur good-paying jobs, empower entrepreneurs to innovate and grow, and help American workers and businesses compete. Secretary Raimondo was formerly the 75th Governor of Rhode Island and its first woman governor. She grew up in Smithfield in a tight-knit Italian-American family, the youngest of Joseph and Josephine Raimondo's three children. Her family history and her childhood experiences shaped her core beliefs in hard work, opportunity for all, and the importance of financial security. Wanting to start her own business and be close to family, she returned home to Rhode Island and founded Point Judith Capital, a venture capital firm. In November 2010, Secretary Raimondo was elected to serve as General Treasurer of Rhode Island, receiving the largest number of votes of any statewide candidate. When she took office as General Treasurer, she tackled the state's $7 billion unfunded pension liability. Secretary Raimondo was sworn into office as Governor in January 2015 and won a second term in 2018. She also served as chair of the Democratic Governors’ Association in 2019. During her time as Governor, Secretary Raimondo kick-started the state’s economy and made record investments in infrastructure, education, and job training. She focused tirelessly on creating economic opportunities and good-paying jobs for all Rhode Islanders. Early in her administration, she launched an innovative workforce development program that develops business-led partnerships to address unique workforce challenges.
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Leadership
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Centers and Practice Areas
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Asia Center
Extends the reach and impact of the Milken Institute to the Asia-Pacific region
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Center for Financial Markets
Conducts research and constructs programs designed to facilitate smooth and efficient operation of financial markets
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Center for the Future of Aging
Advances healthy longevity and financial security for all through high-impact policies, research, convenings, and multisector partnerships.
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Center for Public Health
Develops research, programs, and initiatives designed to envision and activate sustainable solutions leading to better health for individuals and communities worldwide.
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Center for Regional Economics and California Center
Analyzes the dynamics that drive job creation and promote industry expansion
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Center for Strategic Philanthropy
Empowers philanthropists to effectively address some of the world's most urgent problems
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FasterCures
Clears roadblocks that prevent medical breakthroughs from reaching patients sooner
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Financial Innovations Labs
Addressing society's greatest challenges through a financial lens
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Global Market Development
Working with government partners in emerging and developing economies to build strong, domestic financial markets.
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Milken Center for Advancing the American Dream
Anyone with a dream should have the opportunity to make it come true—through determination and an economic system that works for all
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Research Department
Addressing global policy issues on Health Economics, International Finance, and Regional Economics
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Events
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Government and Policy Engagement
Collaborating across all levels of government to advance finance and health policy priorities that address global challenges.
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