Ralph Recto

Ralph Gonzalez Recto (born January 11, 1964) is a Filipino politician currently serving as the 33rd Secretary of Finance (pending Commission on Appointments confirmation) under President Bongbong Marcos since January 12, 2024.

He previously served as the representative for Batangas' 6th district and as the House Deputy Speaker from 2022 to 2024.

Recto acquired a Bachelor of Science in Commerce at the De La Salle University in 1989.

In 1990, he entered the College of Public Administration of the University of the Philippines Diliman to study Master of Public Administration, but only earned 36 academic units, hence unable to finish the graduate degree.

He started his political career as the representative of Batangas' 4th district from 1992 to 2001.

During his three terms (from 1992 to 2001) as a member of the House of Representatives, most of his legislative measures enacted into law deal with economic reforms and poverty alleviation, among which are the Social Reform and Poverty Alleviation Act; the Philippine Economic Zone Law; Amendment to the Special Economic Zone Law; the Retail Trade Liberalization Law; Regional Headquarters Law; and the Comprehensive Tax Reform Law.

Recto later took a Strategic Business Economics Program (SBEP) at the University of Asia and the Pacific in 1993, where he acquired a Certificate in Business Economics (CBE).

He also holds an unprecedented record in the congressional election history of Batangas for winning in all precincts, barangays, and municipalities, together with Lipa City, in the 1995 and 1998 elections.

Recto took up a 6-day Certificate of Leadership Scholarship Course at the John F. Kennedy School of Government of Harvard University, Boston, Massachusetts, United States in 1997.

Recto holds the distinction of being the youngest elected member of the House of Representatives during the 9th Congress.

He garnered 98% of the votes cast in those two elections in the 4th District of Batangas.

Recto also previously served three terms in the Senate: from 2001 to 2007 and from 2010 to 2022 and had served as president pro tempore of the Senate and Senate Minority Leader.

Recto was elected to the Senate in 2001, becoming the youngest Senator of the 12th Congress at the age of 37.

In the Senate, he chaired the Committees on Ways and Means and on Trade and Industry.

He was co-chairman of the Congressional Oversight Committees on the Proper Implementation of the National Internal Revenue Code (NIRC) and on the Official Development Assistance (ODA).

He was also chairman of the Accounts committee.

During his first six-year term as Senator, he was largely responsible for the passage of laws with positive impact to consumers, small entrepreneurs, workers and industry.

In 2007, Recto lost his Senate reelection bid because, as many analysts believed, he had authored the unpopular EVAT (Expanded Value Added Tax) law.

After his failed bid for re-election to the Senate in 2007, Recto joined the board of the Union Bank of the Philippines.

He is said to be offered the position of Secretary of Finance but it was subsequently denied by Malacañang.

In July 2008 he was appointed to head the National Economic and Development Authority (NEDA) in the Arroyo administration, but resigned from his position in August 2009 in preparation for another run for the Senate in the 2010 elections.

He is a grandson of statesman Claro M. Recto.

His wife is actress-politician Vilma Santos.

Recto comes from a political family.

His grandfather, the late nationalist and statesman Claro M. Recto, was a Senator for several terms.

His father, Atty. Rafael Recto (d. 2008), was an Assemblyman during the Regular Batasang Pambansa while his older brother, Ricky Recto, was the former vice governor of the province of Batangas.

President Gloria Macapagal Arroyo, on July 23, 2008, named him as the new director-general of National Economic and Development Authority, replacing Augusto Santos, acting NEDA chief.

On August 11, 2009, he resigned as NEDA secretary and Presidential Adviser for Economic Planning, in preparation for another run for Senate in the 2010 election.

He was proclaimed as one of the winning senatorial candidates of the 2010 Senate elections.

His late mother is Carmen Gonzalez-Recto (d. 2013).

His sister, Plinky Recto, is an actress and TV host.

On July 22, 2013, at the start of the first day of the 1st Regular Session of the Senate for the 16th Congress, Recto was elected Senate President Pro-Tempore, the second highest post in the Senate and was also the Chairman of the Senate Committee on Science and Technology and member of the bicameral Commission on Appointments.

Recto ran for re-election in the 2016 Philippine Senate election under the Koalisyon ng Daang Matuwid of LP standard bearer Mar Roxas and won placing 11th in the polls.

On the opening day of the 17th Congress, July 25, 2016, Senator Francis Escudero nominated Recto for the presidency.

Senator Antonio Trillanes IV seconded Escudero's nomination.

During nominal voting, Koko Pimentel and Recto voted for each other.

After losing the vote, Recto automatically became the Minority Leader.

He was joined by Escudero and Trillanes in the minority bloc.

Recto, in his acceptance speech for the post, vowed that the minority would cooperate with the Duterte administration's plans if these serve "the public interest."

However, he said, they would be "duty-bound" to oppose the majority's agenda if it "hurts the nation."