Fair
76°FFairFull Forecast

Obama nominates Pritzker for Cabinet post

Published: Thursday, May 2, 2013 1:00 p.m. CDT

CHICAGO (AP) — A life-long Chicagoan from one of the city's most powerful families has been nominated by President Barack Obama to be his next U.S. Commerce secretary.

Penny Pritzker is a Hyatt hotel heiress, businesswoman and philanthropist. She's known Obama since the 1990s and has raised hundreds of thousands of dollars for both of his presidential campaigns.

Obama announced the nomination Thursday at the White House.

If confirmed, Pritzker will be the wealthiest Cabinet member by far. Forbes estimates her net worth at $1.85 billion and ranks her the 277th richest American.

Pritzker recently resigned from the Chicago Board of Education as she was being vetted for the Commerce nomination.

The post has been vacant since former Secretary John Bryson resigned. He'd said he suffered a seizure that led to traffic collisions.

National video



Reader Poll

The high school football season begins Aug. 26. Do you plan to attend any games?
Yes, I’m a big fan and will attend most of my team’s games
Yes, I’ll attend maybe half of the games
Yes, I’ll go to at least one game
No, but I’ll follow high school football in the media
No, not interested