More Cabinet picks expected this week
Penny Pritzker participates in a White House event on community colleges in 2010.
April 29th, 2013
01:59 PM ET
1 year ago

More Cabinet picks expected this week

(CNN) – President Barack Obama is expected to make two more additions to his Cabinet this week when he names a commerce secretary and U.S. trade representative, two Democrats familiar with the discussions told CNN Monday.

The likely picks for Obama are Chicago businesswoman Penny Pritzker for commerce secretary and current White House adviser Michael Froman for trade representative, the two sources said.

Pritzker is chief executive of the Pritzker Realty Group and is one of the wealthiest women in America. Forbes estimates her fortune at $1.85 billion, making her the 271th wealthiest person in the country.

She is also a philanthropist and major Democratic donor who acted as the national finance chair of the president's 2008 campaign and a campaign co-chair in 2012.

Froman currently serves as the deputy national security adviser for international economic affairs. In that role he has served as a liaison to the G8 and G20 summits, and advised the president on international finance. He was an executive at Citigroup and a Harvard Law School classmate of Obama.

Obama is expected to nominate Charlotte, North Carolina, mayor Anthony Foxx as his transportation secretary Monday afternoon.


Filed under: Trade
soundoff (5 Responses)
  1. Fair is Fair

    Pritzker is chief executive of the Pritzker Realty Group and is one of the wealthiest women in America. Forbes estimates her fortune at $1.85 billion, making her the 271th wealthiest person in the country.

    She is also a philanthropist and major Democratic donor who acted as the national finance chair of the president's 2008 campaign and a campaign co-chair in 2012.
    --------
    Hmmmm... a wealthy 1%er from Chicago who just happens to be a "major Democratic donor" winds up with a cabinet position. This goes way beyond a cushy ambassadorship to some lesser-known country. But hey... nothing to see here... please move along.

    April 29, 2013 02:11 pm at 2:11 pm |
  2. ghostriter

    Fair......to be fair....we are kinda tired of hearing similar statements on anyone Obama picks. Only conservatives would look at the Chicago and democratic supporter part and ignore the CEO and billionaire part.

    April 29, 2013 02:37 pm at 2:37 pm |
  3. Data Driven

    I suppose it's too much to ask that all politicians and political appointees with net assets over $1M be prohibited from government service. Yeah, I know - John Lennon's "Imagine" fantasyland. But if that was the law of the land, we might obtain legislation favorable to working Americans on a more frequent basis.

    April 29, 2013 02:40 pm at 2:40 pm |
  4. ghostriter

    Data, no need to discriminate against the wealthy. I would like it if politicians would at least be open and objective...especially with legislation that they might directly or indirectly benefit from.

    For instance, I have a problem with the way the Keystone Pipeline is being touted as a huge job creator. But I really have a problem with the biggest cheerleaders also having a financial stake in it. If that is the case, you should at least abstain (sp) from speaking in public on your support of lack there of.

    April 29, 2013 02:58 pm at 2:58 pm |
  5. PaulCat

    I think we need to vote out the most wealthiest members of Congress. Starting with Mitch McConnell.

    April 29, 2013 03:15 pm at 3:15 pm |