General Treasurer Gina Raimondo

Mayor Jorge Elorza pledged to build a `New Providence’  amid an improving economy  as he delivered his inaugural address this afternoon on the chilly, sun-splashed steps  of Providence’s Beaux-Arts City Hall.

Elorza, the second consecutive mayor of Latino descent tied his immigrant family’s journey  with Providence’s history as a welcoming city for generations of the newly arrived and emphasized the need for a new economic order.

When will Rhode Islanders stop debating public employee pensions? RIPR political analyst  Scott MacKay says that won’t happen anytime soon.

As if the 2014 Rhode Island election campaigns won’t provide enough grist for everyone’s political mill, here comes the vote on the proposed public employee pension settlement crafted by their union leaders, Gov. Lincoln Chafee and State General Treasurer Gina Raimondo.

Catherine Welch / RIPR

The state retirement board voted in closed session Friday afternoon to approve a proposed pension settlement. The board met in executive session for nearly an hour, ending in a vote of 6 – 1, with 5 abstentions.

Ian Donnis / RIPR

Democratic gubernatorial candidate Gina Raimondo started fleshing out her vision for Rhode Island as she formally announced her campaign Monday morning.

Raimondo emphasized the economy, laying out ideas that include writing off some college loans to encourage grads to stay in Rhode Island, creating a funding formula for road and bridge improvements, and establishing an institute to foster growth-sector jobs.

Catherine Welch / RIPR

A report commissioned by the largest state employee union claims Treasurer Gina Raimondo’s overhaul of Rhode Island’s pension system is enriching Wall Street investment managers. 

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