Obama to Name Richardson as Commerce Chief

In case you were wondering, as I was, what exactly President-elect Barack Obama intends to talk about during the press conference the transition team scheduled for Wednesday morning, Politico offers this tip:

Sub-Prime Mess Likely to Surface in Commerce Secretary Confirmation

The news that President-elect Barack Obama may pick his national finance chair, Penny Pritzker, for secretary of commerce raises a couple of questions.

Pritzker, a Chicago billionaire and hotel heiress, was a major contributor to Obama’s presidential campaign and ran his record-breaking fund-raising juggernaut. More…