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Costco Nominates Biden Commerce Secretary to Board

Costco recruited former Commerce Secretary Gina Raimondo for her trade expertise amid ongoing tariff litigation involving 20 businesses challenging Trump-era duties.

Costco nominated former President Joe Biden‘s commerce secretary, Gina Raimondo, to its board of directors on Thursday, days after suing the Trump administration to seek a full refund of tariffs that the retail giant paid this year for its foreign products. “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Hamilton James said in a press release. “Her vast experience in global business, politics and i…

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Market Realist broke the news in on Friday, December 5, 2025.
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