Gina Raimondo

Politics
8:23 am
Fri August 9, 2013

Good Government Groups Press Raimondo For Investment Transparency

Four groups are calling for more transparency of the hedge fund investments in the state's pensions.
Credit RIPR FILE

Four groups are calling on state Treasurer Gina Raimondo to release more information about hedge fund investments in Rhode Island’s pension plan.

The groups say they’re troubled by how Raimondo’s office, in a recent response to the Providence Journal, heavily redacted some details about the hedge fund investments. The four organizations are Common Cause of Rhode Island, the RI Press Association, and the state chapters of the ACLU and the League of Women Voters.

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Political Roundtable
4:00 am
Fri August 9, 2013

Political Roundtable: Almonte on 38 Studios, Hedge Funds + the GOP in 2014

Credit Ian Donnis / RIPR

Democratic candidate for treasurer Ernest Almonte joins the Roundtable to discuss lingering questions about 38 Studios; the state pension fund's stake in hedge funds; and how John Robitaille could remake the GOP field for governor in 2014.

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On Politics
3:18 pm
Thu August 8, 2013

Four Groups Press Raimondo for More Disclosure on Hedge Funds

Four groups -- Common Cause of Rhode Island, the Rhode Island Press Association, and the state chapters of the ACLU and the League of Women Voters -- say state Treasurer Gina Raimondo needs to offer more disclosure about the state pension fund's investment in hedge funds.

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Politics
9:57 am
Wed August 7, 2013

Robitaille Taking Another Look at the 2014 Governor's Race

Former Republican gubernatorial candidate John Robitaille says he’s taking another look at running in the race next year.

Robitaille had ruled out a second campaign for governor back in December.

But Robitaille said he’s reconsidering that decision now that Governor Lincoln Chafee has joined the Democratic Party and Moderate candidate Ken Block is considering running as a Republican. 

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Politics
8:18 am
Wed August 7, 2013

Mediation Continues Between Unions and the State Over Pension Overhaul

General treasurer Gina Raimondo was critical to the 2011 pension overhaul, over which the two parties are now in mediation.
Credit RIPR FILE

Mediation is set to continue over the challenge by a series of public-employee unions to an overhaul of the state pension system in 2011.

The outcome of the case has big implications for the state.The two sides in the pension case have repeatedly asked for more time to mediate their differences. Following another such request, the next update is slated before Superior Court Judge Sarah Taft-Carter on September 5th. Taft-Carter was the one who ordered mediation in the case last December.

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On Politics
1:18 pm
Tue August 6, 2013

Mediation Continues in Unions' Legal Challenge to 2011 Pension Overhaul

Mediation will continue in the high-stakes legal challenge by a series of public-employee unions to the overhaul of the state pension system that became law in 2011.

Superior Court Judge Sarah Taft-Carter is scheduled to get the next update in the case on September 5, according to court spokesman Craig Berke. The hearing will take place in Kent County, since Taft-Carter is being assigned there this fall.

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RI News
8:54 am
Fri August 2, 2013

Raimondo Finishes Quarter With $2M In Political War Chest

Gina Raimondo finds herself with over $2 million in political funds, but has yet to announce whether she will run for Governor in 2014.
Credit RIPR FILE

Thanks to contributions during the quarter that ended June 30th, state Treasurer Gina Raimondo has a campaign war chest of more than 2 million dollars.  Raimondo is among three Democrats expected to run for governor next year.

Raimondo continued her pacesetting fundraising by collecting just under 400-thousand dollars during the most recent quarter. Her 2 million dollar-plus war chest is thought to be a Rhode Island record for a candidate yet to announce a gubernatorial campaign.

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On Politics
12:28 pm
Wed July 31, 2013

Raimondo Zips Past 2M; Chafee Lags Taveras After Party Switch

State Treasurer Gina Raimondo raised just under $400,000 in the quarter that ended June 30, pushing her campaign cash arsenal past the staggering sum of $2 million.

Meanwhile, attracting a stronger fundraising base seemed to be part of the rationale when Governor Lincoln Chafee switched from an independent to a Democrat in May. Yet Chafee raised a modest $69,765 for the quarter, according to a report filed with the state Board of Elections.

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RI News
3:17 pm
Wed July 24, 2013

Raimondo: Pension Fund up by 11%, but Vulnerable to Economic Crises

State Treasurer Gina Raimondo says state pension system earned 11.1 percent.
Credit file / RIPR

Rhode Island’s pension fund earned a return on its investment of a little more than 11 percent for the fiscal year that ended June 30th. But state Treasurer Gina Raimondo is sounding a warning about the future of the state’s pension plan.

The 11.1 percent earned by the state pension fund is a big improvement over the 1.4 percent return a year earlier. Still, Rhode Island fared a bit worse than the 12.5 percent earned by the country’s largest public employee pension system, CALPERS, over the same period.

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On Politics
3:16 pm
Wed July 24, 2013

RI gets F in financial literacy national survey

Publicizing ways of making Rhode Islanders more financially literate has been a priority of State General Treasurer Gina Raimondo since she took office in 2011. But a national study by the Center for Financial Literacy at Champlain College in Vermont, which assigned grades to states according to the quality of their financial literacy programs has rated Rhode Island one of 11 states that was given an `F’ grade in financial literacy.

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