James Diossa
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James Diossa
James A. Diossa (born 1985) is an American politician from Rhode Island. A member of the Democratic Party, he is the Rhode Island General Treasurer. He served as a member of the city council and as mayor of Central Falls, Rhode Island, guiding the city after it declared bankruptcy. Early life and education Diossa's parents were from Medellín, Colombia. They immigrated to the United States, settling in Central Falls, Rhode Island, in 1983. He was born there two years later. His father works for Osram Sylvania. His parents separated and his mother returned to Colombia. Diossa attended Central Falls High School, where he played for the school's soccer team and won a state championship. He graduated in 2003 and enrolled at Community College of Rhode Island. earned his undergraduate degree in criminal justice from Becker College in 2009, becoming the first member of his family to graduate from college. He also played soccer at Becker. Career Inspired by Barack Obama's Barack Obama ...
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General Treasurer Of Rhode Island
The General Treasurer of Rhode Island is one of the five general state officers directly elected by the voters and serves as the custodian of state funds for the Rhode Island government. The General Treasurer is tasked with managing the state's finances and serves on a variety of boards and commissions. The current General Treasurer is Democrat James Diossa. Responsibilities The General Treasurer "is responsible for the safe and prudent management of the State’s finances." The Office of the General Treasurer has stated that its mission is " to protect the state's assets with sound financial investments, strengthen the state’s financial position, encourage economic growth, operate with transparency and accountability, and ensure Rhode Islanders benefit from exceptional performance through all of the programs the office manages." As part of this mission, the General Treasurer's Office "reconciles and disburses most state funds, issues general obligation notes and bonds, manag ...
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Sheldon Whitehouse
Sheldon Whitehouse (born October 20, 1955) is an American lawyer and politician serving as the junior United States senator from Rhode Island since 2007. A member of the Democratic Party, he served as a United States Attorney from 1993 to 1998 and the 71st attorney general of Rhode Island from 1999 to 2003. Early life and education Whitehouse was born on October 20, 1955, in New York City, the son of Mary Celine (née Rand) and career diplomat Charles Sheldon Whitehouse, and grandson of diplomat Edwin Sheldon Whitehouse (1883–1965). Among his great-great-grandfathers were Episcopalian bishop Henry John Whitehouse and railroad magnate Charles Crocker, who was among the founders of the Central Pacific Railroad. Whitehouse graduated from St. Paul's School in Concord, New Hampshire, and from Yale College in 1978. He received his Juris Doctor (J.D.) from the University of Virginia School of Law in 1982. Early career Whitehouse worked as a clerk for Justice Richard Neely of th ...
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Board Of Trustees
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Ger ...
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Brown University
Brown University is a private research university in Providence, Rhode Island. Brown is the seventh-oldest institution of higher education in the United States, founded in 1764 as the College in the English Colony of Rhode Island and Providence Plantations. Brown is one of nine colonial colleges chartered before the American Revolution. Admissions at Brown is among the most selective in the United States. In 2022, the university reported a first year acceptance rate of 5%. It is a member of the Ivy League. Brown was the first college in the United States to codify in its charter that admission and instruction of students was to be equal regardless of their religious affiliation. The university is home to the oldest applied mathematics program in the United States, the oldest engineering program in the Ivy League, and the third-oldest medical program in New England. The university was one of the early doctoral-granting U.S. institutions in the late 19th century, adding masters ...
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Rhode Island Innovative Policy Lab
The Rhode Island Innovative Policy Lab (RIIPL) is an interdisciplinary collaboration between the Office of the Governor of Rhode Island and researchers at Brown University. The lab's mission is to help state agencies design evidence-based policies that improve the quality of life for Rhode Islanders. RIIPL examines current Rhode Island policies and works with government partners to design and rigorously evaluate new programs that deliver better social outcomes at a lower cost. The lab is directed by Dr. Justine Hastings, Professor of Economics and International and Public Affairs at Brown University and Faculty Research Associate at the National Bureau of Economic Research. History and Mission The Rhode Island Innovative Policy Lab was founded at Brown University in 2015, with a near $3 million grant from the Laura and John Arnold Foundation. Rhode Island Governor Gina Raimondo praised the lab's formation: “This effort,” the Governor wrote in a statement, “will help in ...
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Sabina Matos
Sabina Matos (born February 13, 1974) is a Dominican-American politician serving as the 70th lieutenant governor of Rhode Island since April 2021. Sabina Matos is the first Afro-Latina lieutenant governor and the first Dominican-American to hold state-wide office in the United States. A member of the Democratic Party, she previously represented Ward 15 in the Providence City Council and served as its president. Early life Matos was born in Paraíso, Barahona, Dominican Republic. Her mother was a teacher and her father served as mayor of Paraíso. Matos emigrated to the United States in April 1994, at the age of 20, with her parents and sister. She spoke no English when she went to the United States, and thought she would return to the Dominican Republic by the end of the year. After briefly living in New York, Matos and her family settled with her uncle in the Olneyville neighborhood of Providence, Rhode Island. Matos graduated from Rhode Island College with a bachelor's degree ...
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Lieutenant Governor Of Rhode Island
The current lieutenant governor of Rhode Island is Sabina Matos, who was sworn in on April 14, 2021, after Daniel McKee succeeded to the office of governor. The first lieutenant governor was George Brown. In Rhode Island, the lieutenant governor and governor of Rhode Island are elected on separate tickets. Seven lieutenant governors have served during a vacancy in the office of governor under the current 1842 constitution: Francis M. Dimond (1853), William C. Cozzens (1863), Charles D. Kimball (1901), Norman Case (1928), John Pastore (1945), and John S. McKiernan (1950). Deputy governors of the Colony of Rhode Island *William Brenton, of Newport; November 1663 – 2 May 1666 *Nicholas Easton, of Newport; 2 May 1666 – 5 May 1669 * John Clarke, of Newport; 5 May 1669 – 4 May 1670 *Nicholas Easton, of Newport; 4 May 1670 – 3 May 1671 * John Clarke, of Newport; 3 May 1671 – 1 May 1672 * John Cranston, of Newport; 1 May 1672 – 7 May 1673 *William Coddington, of Newpor ...
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Term Limit
A term limit is a legal restriction that limits the number of terms an officeholder may serve in a particular elected office. When term limits are found in presidential and semi-presidential systems they act as a method of curbing the potential for monopoly, where a leader effectively becomes " president for life". This is intended to protect a republic from becoming a ''de facto'' dictatorship. Term limits may be applied as a lifetime limit on the number of terms an officeholder may serve, or the restrictions may be applied as a limit on the number of consecutive terms they may serve. History Europe Term limits date back to Ancient Greece and the Roman Republic, as well as the Republic of Venice. In ancient Athenian democracy, many officeholders were limited to a single term. Council members were allowed a maximum of two terms. The position of Strategos could be held for an indefinite number of terms. In the Roman Republic, a law was passed imposing a limit of a single ter ...
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COVID-19 Pandemic In Rhode Island
The COVID-19 pandemic in the U.S. state of Rhode Island is part of an ongoing worldwide viral pandemic of coronavirus disease 2019 (), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (). As of August 18, 2022, there has been 414,931 confirmed cases of COVID-19 in Rhode Island, 89 of which are currently hospitalized, and 3,636 reported deaths. Rhode Island's COVID-19 case rate and death rate per capita are the highest and twentieth highest, respectively, of the fifty states since the start of the pandemic. As of August 3, 2022, 1,072,027 Rhode Islanders have received at least one COVID-19 vaccine dose (equivalent to over 99% of the state's population) with 901,041 Rhode Islanders completing the primary vaccine series (equivalent to 85.28% of the state's population), and 447,252 Rhode Islanders receiving at least one booster dose (equivalent to 42.33% of the state's population). As of August 18, 2022, there have been 151,089 breakthrough COVID- ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Moody's Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance. In Moody's Investors Service' ...
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