Secretary of Commerce Gina Raimondo is focused on U.S. advanced microchip production — and keeping the chips out of China and Russia.
This is an updated version of a story first published on April 21, 2024. The original video can be viewed here. What does the secretary of commerce do? Until now, mainly promote U.S. businesses abroad. It had not been a high-profile job til Gina Raimondo turned the second-tier agency into a center of job creation, manufacturing, and national security.
Married with two children, Raimondo--a Rhodes scholar and Yale Law School graduate--was elected the state's first female governor in 2014 as a moderate, pro-business Democrat. Lesley Stahl: Liberals in your party, this is a quote, look upon you as a sellout to big business. Gina Raimondo: I think that's ridiculous. I hold businesses accountable as much as anyone. When I tell them they can't sell their semiconductors to China, they don't love that. But I do that.
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