Obama to Announce Picks for Commerce, Trade Rep
Longtime fundraiser and top economic adviser will be nominated today
By Newser Editors and Wire Services
Posted May 2, 2013 7:07 AM CDT
Penny Pritzker and Mike Froman.   (AP Photo/File)

(Newser) – President Obama will name a longtime fundraiser to run the Commerce Department and a top economic adviser as the next US Trade Representative, according to a White House official. Commerce nominee Penny Pritzker, a businesswoman, philanthropist, and Hyatt hotel heiress, is Obama's final pick to fill vacancies among Cabinet secretaries in his second term. The Commerce post has been vacant since last summer, when John Bryson resigned after he said he suffered a seizure that led to a series of hit-and-runs. If confirmed, Pritzker would become the fourth female secretary in Obama's current Cabinet. She also would be the wealthiest in the Cabinet by far, with Forbes estimating her net worth at $1.85 billion and ranking her as the 277th richest American.

USTR nominee Michael Froman is one of Obama's senior economic advisers and a former Citigroup executive. The Cabinet-level post performs as the administration's top adviser and negotiator on international trade. If confirmed, Froman would replace Ron Kirk, a former Dallas mayor who stepped down as trade representative in February after serving in the post for all of Obama's first term. Obama will announce both nominations from the White House this morning before departing for Mexico.

Copyright 2016 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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Showing 3 of 4 comments
Ivan_the_Gypsy
May 5, 2013 1:14 AM CDT
One good thing about the Obamanation's appointments is that we'll soon have all the crooks and corrupt political hacks in one place. Obamanation's administration.
clmsman
May 2, 2013 4:48 PM CDT
I am sure each nominee is a good old fashion Marxist. Bird of a feather as they say. They probably have their Chair Mao little red book in their back pocket.
tran_tor
May 2, 2013 12:32 PM CDT
Funny how this doesn't feel at all like the beginning of a new presidential term.