WASHINGTON: President-elect Joe Biden has picked Rhode Island Gov. Gina Raimondo to lead the Commerce Department, helping set trade policy and looking to promote U.S. opportunities for growth domestically and overseas.
Raimondo, a former venture capitalist, is in her second term as governor and previously served as state treasurer. Her name had been floated for Biden’s health secretary, though she said last month she would be staying in Rhode Island and continuing to focus on the coronavirus
Her nomination, which was confirmed by a person familiar with the decision, will need to be approved by the Senate. The person was not authorized to preempt Biden’s announcement and spoke Thursday on condition of anonymity.
The Biden administration’s stance on international trade will likely be a significant shift away from President Donald Trump’s tariff-heavy approach. The Trump administration imposed tariffs on Chinese goods including steel to punish Beijing for what it said…