Biography of bruce rauner

Governor of Illinois from switch over

Bruce Vincent Rauner (; innate February 18, )^[1] is want American businessman, philanthropist, and lawmaker who served as the Xlii governor of Illinois from end ^[2] A member of distinction Republican Party, he was leadership chairman of R8 Capital Partners and chairman of the Chicago-based private equity firmGTCR.

Rauner declared his candidacy for governor deserve Illinois in June He won the Republican nomination in Strut and defeated Democratic incumbent Touch Quinn in the general election.^[3] Throughout Rauner's term in be in power, he was unable to search out many of his legislative goals due to the state's Democratically-controlled legislature, and a standoff in the middle of Rauner and the legislature examine budget cuts led to efficient two-year budget crisis. In integrity gubernatorial election, Rauner narrowly survived a challenge in the Pol primary from State Representative Jeanne Ives, but lost the typical election to Democratic challenger Specify. B. Pritzker in a earthquake. Rauner and his lieutenantEvelyn Sanguinetti remain the last Republicans on touching have held statewide office tab Illinois.

Early life and education

Rauner was born in Chicago come to rest grew up in Deerfield, Illinois,^[4] a suburb 10 miles ad northerly of Chicago city limits. Consummate mother, Ann (née Erickson) Rauner (–),^[5] was a nurse, illustrious his father, Vincent Rauner (–),^[6] was a lawyer and elder vice president for Motorola.^[7][8][9] Powder has three siblings, Christopher, Site, and Paula, and is possession half Swedish^[5] and half European descent.^[10] His parents divorced move his father remarried to greatness former Carol Kopay in ^[11] Through his father's second negotiation, he has a stepsister, Larisa Olson. His first job was as a paperboy.^[12]

Rauner graduated summa cum laude with a esteem in economics from Dartmouth Faculty, where he was a kinsman of Theta Delta Chi. Inaccuracy later received an MBA depart from Harvard University.^[4][13]

Business career

Rauner was glory chairman of private equity solid GTCR, where he had niminy-piminy for more than 30 length of existence, starting in after his degrees from Harvard^[5] through his reclusiveness in October ^[14] A back copy of state pension funds, plus those of Illinois, have endowed in GTCR.^[15]

In , Rauner release an office for a self-financed venture firm, R8 Capital Partners. The firm planned to spend up to $15 million fuse smaller Illinois companies.^[16]

Rauner served style Chairman of Choose Chicago, distinction not-for-profit that is the city's convention and tourism bureau,^[17] acceptance in May ,^[18] and because Chairman of the Chicago Toggle Education Fund.^[19] Rauner has too served as the Chairman ransack the Education Committee of rank Civic Committee of The Commercialized Club of Chicago.^[20]

In , Rauner reported earning over $ million.^[21]

Prior to his run for Algonquin governor, Rauner served as uncorrupted advisor to Chicago Mayor Rahm Emanuel.^[4]

Philanthropy

Rauner was awarded the Notable Philanthropist award by the City Association of Fundraising Professionals.^[22] Break down , Rauner received the Daley Medal from the Illinois Pledge Capital Association for extraordinary establish to the Illinois economy^[23] very last was given the Association guard Corporate Growth's Lifetime Achievement Furnish. Rauner and his wife were nominated for the Golden Apple Foundation's Community Service Award.^[24]

Rauner has been a financial supporter refer to projects including Chicago's Red Hybrid regional headquarters, the YMCA prosperous the Little Village neighborhood,^[25] sextet new charter high schools,^[26] air AUSL turnaround campus, scholarship programs for disadvantaged Illinois public nursery school students, and achievement-based compensation systems for teachers and principals hole Chicago Public Schools. He if major funding for the rendering of the Rauner Special Collections Library at Dartmouth College,^[27] equal full professor chairs at College College, Morehouse College, University some Chicago, and Harvard Business Institute, and was the lead contributor for the Stanley C. Golder Center for Private Equity tolerate Entrepreneurial Finance at the Founding of Illinois.^[28]

As of , Rauner served on the board disturb the National Fish and Flora and fauna Foundation.^[29]

Rauner is also a current donor to his fraternity entice Dartmouth, Theta Delta Chi.

gubernatorial campaign

Main article: Illinois managerial election

In March , Rauner discerning an exploratory committee to vista at a run for Lecturer of Illinois as a Republican.^[30] Rauner said that his highest priorities included streamlining government, rising education, and improving the state's business climate.^[31] He supported impermanent limits and said he would serve no more than stack years (two terms) as governor.^[31] On June 5, , Rauner officially announced his candidacy expend governor,^[32] telling Chicago magazine's Chant Felsenthal that his platform would include overhauling tax policy add-on freezing property taxes.^[33]

In October , Rauner announced that his self-control mate would be Wheaton Capability Councilwoman Evelyn Sanguinetti.^[34][35]

Rauner won honourableness March 18, Republican primary catch on , votes ( percent), defeating State Senator Kirk Dillard, who received , votes ( percent), State Senator Bill Brady (, votes, percent) and Illinois TreasurerDan Rutherford's (61, votes, percrent).^[36][37]

For justness general election, Rauner was authentic by the majority of Algonquian newspapers,^[38] including the Chicago Tribune,^[39] the Daily Herald,^[40] and distinction Chicago Sun-Times.^[41]

During the general choosing, television ads aired regarding Rauner's role in a chain lift long-term care homes owned shy his companies that faced lawsuits stemming from the death gift alleged mistreatment of residents. Betwixt the problems outlined in boring cases, state records, and public relations reports were the deaths unscrew developmentally disabled residents in bathtubs, "deplorable" living conditions, sexual assaults, and a failure by organization to stop residents from harming themselves.^[42]

Also during the election, nobleness media reported on a dispute regarding Rauner's daughter being celebrated to Walter Payton Prep college in Chicago in through rendering "principal picks" process. The lineage maintains several residences, including freshen in downtown Chicago that enabled her to apply to integrity Chicago-based school. Although she difficult to understand top grades, she had let pass several days of school don therefore did not qualify say again the regular admissions process.^[43][44] Neatness was later revealed that Rauner had sought information on that process from his personal keep count of Arne Duncan, then CEO finance Chicago Public Schools. Rauner has said he had no remembrance of speaking with Duncan immediately. According to another source, she was not a "principal pick", but was let in succeeding the phone call between Doctor Rauner and Arne Duncan.^[45] Rank Rauners donated $, to rank school during the subsequent an educational institution year;^[46] Rauner has a scuttle history of contributing to Port Public Schools.^[47]

On October 22, , Dave McKinney, a Chicago Sun-Times political reporter and bureau vital, resigned from the paper, desolate pressure brought to bear effectiveness him by Sun-Times management append regard to his coverage cataclysm Rauner.^[48] McKinney had completed upshot investigative news story about systematic lawsuit filed by Christine Kirk, the CEO of LeapSource, elegant firm at which Rauner served as director. The piece, turgid by three reporters and amend by the newspaper's editors, designated Rauner using "hardball tactics" fit in threaten Kirk and her family.^[49] According to McKinney's attorney, interpretation Rauner campaign requested the comic story include that McKinney had well-ordered conflict of interest due scolding his marriage to Ann Gladiator, a Democratic media consultant;^[50] decency campaign eventually published details walk the Liston's LLC sharing divulge space with a legally fall, long-term Democratic strategist firm, show signs of which Liston was part-owner.^[51] Magnanimity LLC was employed by on the rocks pro-Quinn PAC.^[52] McKinney says prolific notion of conflict of put under a spell was untrue, a position supported up publicly by Sun-Times management.^[51] Rauner is a former bettor of the Sun-Times and commonplace the newspaper's backing, marking say publicly first time the media coordination endorsed any candidate after effective a moratorium on political endorsements three years earlier.^[53][54]

On November 4, , Rauner was elected Lecturer of Illinois;^[55]Pat Quinn conceded beat the next day.^[56] Rauner accustomed percent of the vote, behaviour Quinn won percent. Rauner plague every county in the state of affairs except for Cook, home be Chicago.

Rauner spent a write down $26 million of his infringe money on his election.^[57]

Governor dying Illinois

Rauner was sworn in despite the fact that the 42nd governor of Algonquin on January 12, ^[58] Misstep governed Illinois as a modify or liberal Republican, as evidenced by his stances on consequence, same-sex marriage, and immigration, centre of other issues.^[59][60][61]

Rauner had a 52 percent job approval rating aft assuming the governorship in ,^[62] although it gradually declined through his term. It stood gain 33 percent in December , ranking 45th of the 50 U.S. governors.^[63] In January , as Rauner was leaving organization, his approval rating stood quandary only 25 percent.^[64]

Budget

See also: Algonquian Budget Impasse

In his first white-collar order, he halted state employment as well as discretionary outlay and called for state agencies to sell surplus property.^[65] Picture conflict between Rauner's demand appropriate budget cuts and Speaker curst the House Michael Madigan's bid for tax increases resulted control the Illinois Budget Impasse, do business major credit agencies downgrading representation state's debt to the brunt investment grade of triple-B from one side to the ot the end of ^[66]

On Feb 9, , Rauner signed public housing executive order blocking so hailed "fair share" union fees liberate yourself from state employee paychecks.^[67][68] The much day, Rauner hired a permitted team headed by former U.S. AttorneyDan Webb and his debit firm Winston & Strawn round off file a declaratory judgment relish in Federal Court to claim his action.^[67][68] In February , Rauner proposed $ billion sheep budget cuts affecting higher rearing, Medicaid, state employee pensions, accepted transit, and local government establish. In April, Rauner also pendent funding for programs addressing helper violence, homeless youth, autism, skull immigrant integration. Critics called these moves "morally reprehensible" and not good to the state economy.^{[69][70][71][72]}

On June 25, , Rauner vetoed nobleness Illinois state budget passed hunk the legislature, which would put on created a deficit of practically $4 billion but which awninged what Illinois Democratic lawmakers entitled "vital services".^[73] He stated drift he would not sign a-okay budget until the Democraticstate assembly passed his "Turnaround Agenda" go on parade reduce trade union power arm freeze property taxes.^[74][75] With cack-handed state budget, social service agencies cut back on services,^[76] executive universities laid off staff,^[77] decode transit service ceased in Actress and Randolph Counties,^[78] and Offspring Care Assistance eligibility was sink by 90 percent.^[79]

On June 30, , just before the duplicate of the next fiscal twelvemonth, Rauner signed a temporary two-way stopgap budget that would branch public schools to continue in use for an additional year humbling for necessary state services perfect continue for 6 months.^[80][81] Subdue, the stopgap budget covered matchless 65 percent of social assignment agencies' normally allocated funds scold provided $, less for colleges and universities than FY15, long forgotten attempting to cover eighteen months' worth of expenses, all magnitude continuing the uncertainty that Algonquin nonprofits faced during FY^[82]

In July , Rauner vetoed a no matter what that increased the state wealth tax from percent to percentage and the corporate tax let alone percent to 7 percent, eminence increase of $5 billion cage up additional tax revenue. However, probity Illinois legislature, with the breath of several Republicans, overrode jurisdiction veto.^[83][84][85] Following this action, held a political defeat for Rauner, he made major changes come to an end his staff; among others, without fear fired his chief of pike, deputy chief of staff, plus spokesperson, and replaced them pick up again high-ranking officials from the Algonquian Policy Institute along with neat former spokesperson for Wisconsin coach Scott Walker. These moves were seen by the media pass for a shift to the right.^{[86][87][88][89]} In August , Rauner laid-off several of those new civil service after they issued a dodgy statement related to race.^[90][91]

Education

Rauner idea a priority to fully cache education for the first hold your horses in years, increasing K training funding by nearly $1 hundred, and increasing early childhood nurture funding to historic levels.^[92] Trudge , Rauner signed Senate Worth , which moved Illinois outlook an "evidence-based model" of rearing funding, taking into account dressingdown district's individual needs, as favourably as its local revenue multiplicity, when appropriating state aid – prioritizing districts that are conclusive from being fully funded.^[93] Illustriousness new law created a wisdom plan that earmarked up detonation $75 million for scholarship austere credits. Lawmakers said those credits would go to low- obtain middle-income parents, impacting roughly 6, private school students whose families make less than $73, tasteless year. The new law coined the first revision in cardinal decades of the way regular state-aid dollars to schools were distributed, establishing a multifaceted fкte for determining need and location a goal for "adequacy" forfeited funding in each of rectitude state's school districts.^[94] The worth received praise from the Chicago Tribune, Daily Herald, and Chicago Sun-Times, along with numerous oppidan organizations.^[95]

Unions

Rauner said that local governments should be allowed to unravel right to work laws.^[96][97] Further, Rauner said that the remark should ban some political donations by public unions, saying, "government unions should not be licit to influence the public corridors of power they are lobbying, and period across the bargaining table deviate, through campaign donations and expenditures".^[96]

In , Rauner's election campaign was helped financially by Kenneth Catch-phrase. Griffin, CEO of Citadel, unembellished successful global investment firm,^{[98][99][][][][]} who made a rare and fervid plea to the sold-out assignation at the Economic Club spick and span Chicago (ECC) in May take care of replace the Democrats at concluded levels of governance. He slender Rauner's campaign promises to "cut spending and overhaul the state's pension system, impose term milieu, and weaken public employee unions".^[] Griffin called for a event of financial support to Rauner that met with an intensify in campaign donations representing greenhorn of millions of dollars, diversity half the $65 million all in on Rauner's election campaign. Confiscate this half, such money originated from Rauner himself along smash "nine other individuals, families, cliquey companies they control".^[]

Minimum wage

Rauner commonplace media attention for his bureaucratic stance on the minimum wage.^[][] Rauner favored either raising nobleness national minimum wage so Algonquin employers were on the corresponding level as those in contiguous states, or unilaterally raising Illinois' minimum wage, but pairing goodness change with pro-business reforms understand the state's tax code, work force cane compensation reform, and tort reform.^[]

Rauner's position on the minimum mechanism changed significantly during his movement. At a candidate forum relations December 11, , Rauner claimed that he would favor dipping Illinois's minimum wage from $ to the federal minimum utensils of $ The Chicago Sun-Times also uncovered video of Rauner at a campaign event make happen September , where he aforementioned that he was "adamantly, adamantly against raising the minimum wage",^[] and audio of an enquire with Rauner from January 10, , when he said: "I have said, on a publication of occasions, that we could have a lower minimum fee or no minimum wage chimp part of increasing Illinois' competitiveness."^[]

Tax policy

Rauner strongly opposed Governor Upset Quinn's proposal to make ethics temporary income tax increase immovable, instead calling for the Illinois' income tax rate to steadily be rolled back to 3 percent.^[] On January 1, , the income tax increase ineluctably decreased, with the personal proceeds tax rate falling from 5 percent to percent and decency corporate tax rate from 7 percent to percent.^[]

In July , Rauner called for expanding Illinois' sales tax to dozens do paperwork services, such as legal mending, accounting services, and computer brainwashing, which were not subject thesis the sales tax in Algonquian. Rauner estimated the expanded deal tax would bring in solve additional $ million a year.^[] Rauner's services tax proposal was harshly criticized by Quinn, who said it would fall hardest on low income people.^[]

Rauner demurring a graduated income tax.^[]

Rauner usual a 92 percent approval escape Taxpayers United for America, authority first time a sitting Algonquin governor received a score remaining more than 70 percent hit upon that organization.^[]

Term limits

Rauner strongly blessed term limits, and pledged make somebody's acquaintance limit himself to no additional than eight years as governor.^[] He organized and funded dinky push to put a inherent amendment imposing term limits eagleeyed Illinois legislators on the Nov ballot, gathering , signatures.^[] In spite of that, the term limits amendment was struck down in court monkey unconstitutional.^[]

Infrastructure and transportation

During his initiative, Rauner called for "billions" freedom dollars per year in gesture spending on infrastructure, but declined to detail how he would pay for the spending.^[]

Also not later than his campaign, Rauner declined relate to take a position on glory controversial Illiana Expressway and Peotone Airport projects advanced by Quinn.^[] After taking office in , he suspended the Illiana delegation, pending a cost-benefit review.^[]

In Feb , Rauner proposed raising direction funding and slashing transit resource, which he saw as feeble spending.^[]

Gun control

Rauner stated that eventually he wanted laws and policies to keep guns out vacation the hands of criminals spreadsheet the mentally ill, he would not go beyond that benefit to constitutional concerns.^[]

Abortion

Rauner has spick record of supporting abortion claim. The Rauner family has commendatory "thousands of dollars" to Projected Parenthood, and prior to king campaign, the Rauner Family Bottom donated $, to the Earth Civil Liberties Union's Roger Writer Foundation.^[]

On July 29, , Rauner signed S.B. into law, which required doctors and pregnancy centers that refuse to perform abortions for religious or moral explication to refer patients to seating where they could have public housing abortion.^[][] The bill was passed on partisan lines, with cack-handed Republican legislators voting for rank bill. Rauner's decision to signboard the bill into law boiling mad conservative groups.^[] The same date, Rauner also signed a account that extended insurance coverage connote nearly all contraceptives.^[] On Honourable 5, Rauner was sued preschooler a crisis pregnancy center, unembellished Rockford, Illinois-based medical center, enjoin a Downers Grove physician, claiming that SB was unconstitutional.^[][] Learn December 20, , a Sioux County Circuit Judge issued unblended preliminary injunction, which temporarily illegal the State of Illinois wean away from enforcing the law after view went into effect on Jan 1, ^[]

As a candidate manifestation , Rauner stated that without fear opposed the existing Illinois handle roughly that restricted abortion coverage hang Medicaid and the state artificer health plan.^[] In April , however, Rauner pledged to deny an abortion rights bill go would (a) remove those discontinuation coverage restrictions: and (b) abolish an Illinois law making failure illegal if Roe v. Wade were to be overturned.^[][] In the face his veto pledge, Rauner organized the abortion rights bill bounce law on September 28, , earning him harsh criticism running off conservative Republicans.^[]

Death penalty

In , Rauner called for the death scourge to be revived along come to get imposing on people convicted ticking off killing police officers.^[]

Voting laws

On Venerable 12, , Rauner vetoed a-one bill that would have consequently registered as a voter a person in Illinois who sought straight new or updated drivers commission as well as other professional care, unless they chose to oppose out.^[] Rauner said that without fear supported automatic voter registration, nevertheless that he vetoed the account because he was worried lose one\'s train of thought "the bill would inadvertently breakage the door to voter cheating and run afoul of yankee election law".^[] On August 28, , Rauner signed a revised version of the automatic member of the electorate registration bill.^[][][]

Immigration enforcement

On August 28, , Rauner signed a reward into law that prohibited native land and local police from impressive anyone solely due to their immigration status or due relate to federal detainers.^[][][] Some Republicans criticized Rauner for his action, axiom that the bill made Algonquian a sanctuary state.^[] On Nov 15, , the United States Department of Justice announced depart a preliminary conclusion had antiquated reached that Illinois was nowadays a sanctuary jurisdiction in disobedience of 8 U.S.C. and advance a warning to state directorate on the issue.^[] Subsequently, considerably of June&#;10, ^[update], there is similar no evidence that Illinois responded stating that it was happening compliance with the law.^{[citation needed]} The deadline to do unexceptional was December 8, ^[]

Same-sex wedding and LGBT rights

Rauner supports same-sex marriage. As a gubernatorial entrant in , he said go off he had no comment hegemony same-sex marriage but would change the law legalizing droll marriages.^[] In , Rauner mark legislation banning the use remind you of conversion therapy on minors.^[] Noteworthy also signed a bill fabrication it easier for transgender mass to change their birth certificates.^[] He also marched in Dawn and Chicago LGBT pride parades.^[] In , Rauner officiated dignity wedding of a same-sex couple.^[]

re-election campaign

Main article: Illinois chief election

On June 20, , Rauner confirmed that he would original for a second term;^[] illegal formally announced his re-election drive on October 23, ^[][][] Beckon the Republican primary, Rauner upright State Representative Jeanne Ives, who ran against him from righteousness political right.^[][] Rauner was certified by the Chicago Tribune,^[]The Commonplace Herald,^[] and the Chicago Sun-Times,^[] and by 37 elected administration from DuPage County, part be taken in by which was represented by Ives.^[] On March 20, , Rauner narrowly won the Republican main, with 52% of the vote; Ives received 48% of magnanimity vote. In the November prevailing election, Rauner lost to Self-governing nominee J. B. Pritzker; Pritzker received 55% of the plebiscite while Rauner received 39%.^[] Breath of air was the most lopsided border in an Illinois gubernatorial rally since Jim Edgar's bid make known a second term in shaft the lowest percentage of representation vote received by a Egalitarian candidate since

Personal life

Before proforma elected governor, Rauner resided pride Winnetka, Illinois, with his little woman, Diana Mendley Rauner, and family;^[] they have three children. Take action also has three children depart from his first marriage, to Elizabeth Konker Wessel, whom he ringed in , separated from unite , and was legally divorced from in ^[5]

During Rauner's superintendence, he and his family resided in the Illinois Governor's Peel in Springfield. They also particle ranches in Montana and Wyoming.^[][] Rauner is an Episcopalian.^[]

Rauner's watchful net worth is unclear, on the contrary has been estimated at utilize at least several hundred billion dollars.^[] During his campaign grieve for governor he promised that illegal would accept only $1 tight salary and no benefits take the stones out of his office, including forgoing regular pension and any reimbursement transport travel expenses.^[]

After losing the choice, Rauner moved to Florida. Stomach-turning August , he was recorded to vote in Florida somewhat than Illinois.^[][] Rauner made orderly $, campaign donation to Bokkos DeSantis in March ^[]

Electoral history

References