Biden Taps Rhode Island Gov. Gina Raimondo For Commerce Secretary

President-elect Joe Biden has selected Rhode Island Gov. Gina Raimondo to lead the Commerce Department, according to people familiar with the matter.

Why it matters: Raimondo, a Rhodes scholar who co-founded a venture capital firm in Rhode Island earlier in her career, has prioritized good relationships with the business community, the target audience of commerce.

• Nonetheless, Raimondo has also clashed with unions as she worked to reform Rhode Island’s public employee pension plans.
• She also served as a national co-chair for Mike Bloomberg’s presidential campaign, endorsing Biden only after the former New York mayor dropped out.

Read more at Axios.

{Matzav.com}