Richardson Withdraws as Commerce Nominee - I sure hate this for my man Richardson, but I feel certain he knows what & why he is doing what he is doing
From The Wall Street Journal:
New Mexico Gov. Bill Richardson withdrew his nomination as President-elect Barack Obama's commerce secretary Sunday, citing a federal grand-jury investigation into a "pay to play" scheme in his home state, Obama transition officials said.
Just days ago, Republican Senate aides said they didn't believe the investigation of CDR Financial Products would be a major impediment to Mr. Richardson's confirmation. But the probe appears to be heating up. Mr. Richardson hired a personal lawyer last month and in mid-December, the grand jury began taking testimony from a slew of witnesses.
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Here's to wishing him the best.
New Mexico Gov. Bill Richardson withdrew his nomination as President-elect Barack Obama's commerce secretary Sunday, citing a federal grand-jury investigation into a "pay to play" scheme in his home state, Obama transition officials said.
Just days ago, Republican Senate aides said they didn't believe the investigation of CDR Financial Products would be a major impediment to Mr. Richardson's confirmation. But the probe appears to be heating up. Mr. Richardson hired a personal lawyer last month and in mid-December, the grand jury began taking testimony from a slew of witnesses.
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Here's to wishing him the best.
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