Two Democrats close to the transition tell CNN that New Mexico Gov. Bill Richardson is now expected to be nominated as Secretary of Commerce by President-elect Barack Obama, pending the final vetting process.In this global economy, Gov. Bill's broad international resume, including UN Ambassador, will be key as we dig out of this economic mess.
Richardson, one of the leading Hispanics in the Democratic Party, had been seeking the Secretary of State post but lost out to Sen. Hillary Clinton. Obama aides have told CNN that Obama is “on track” to nominate Clinton as his secretary of state after Thanksgiving.
You can read my interview with Gov Richardson, here.