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Biden Commerce Pick Stresses Investment in COVID-19 Recovery | Business News

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January 26, 2021
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Biden Commerce Pick Stresses Investment in COVID-19 Recovery | Business News
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By KEVIN FREKING, Related Press

WASHINGTON (AP) — President Joe Biden’s decide to supervise the Commerce Division says investments throughout the nation are wanted to supply People with a pathway to an excellent job because the nation recovers from the financial injury brought on by the COVID-19 pandemic.

Rhode Island Governor Gina Raimondo, a former enterprise capitalist, appeared earlier than a Senate panel Tuesday throughout a affirmation listening to. If confirmed, she could be chargeable for selling alternatives for financial progress domestically and abroad.

“If confirmed as Commerce secretary, I stay up for scaling and deploying further assets to companies and staff — with a deal with areas and communities which have usually been left behind — to assist them bounce again and develop stronger than ever,” Raimondo mentioned in her ready remarks.

Raimondo was elected governor in 2014 and gained reelection in 2018. She’s anticipated to handily win a affirmation vote, however it’s unclear when that vote will happen. Nominations pertaining to nationwide safety typically take precedent. The vote may have to attend on President Donald Trump’s impeachment trial, which can dominate the Senate’s consideration beginning the week of Feb. 8.

Raimondo, 49, is the primary girl elected governor of Rhode Island. She is a Rhodes Scholar and graduate of Yale Legislation Faculty who recollects her father shedding his job at a Bulova watch manufacturing facility in Windfall to attach with these frightened about jobs within the U.S. being moved to different international locations.

She is going to inform the panel the nation must spend money on expertise and aggressively fight unfair commerce practices from China and different counties, a subject that the earlier administration seized upon to realize help in communities which have seen in depth manufacturing job losses in latest many years.

She can even emphasize tackling local weather change, saying that as governor she oversaw building of the nation’s first offshore wind farm.

“Like President Biden, I do know the local weather disaster poses an existential menace to our financial safety, and we should meet this problem by creating thousands and thousands of excellent, union jobs that energy a extra sustainable financial system,” Raimondo mentioned in her ready remarks.

The Commerce Division is comprised of a dozen separate bureaus and companies, starting from the Nationwide Climate Service to the U.S. Census Bureau to the Minority Enterprise Growth Company. If confirmed, she’ll oversee the work of greater than 40,000 workers.

Copyright 2021 The Associated Press. All rights reserved. This materials is probably not revealed, broadcast, rewritten or redistributed.



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