Richardson Withdraws as Commerce Nominee

Bill RichardsonFrom

New Mexico Gov. Bill Richardson, tapped in December by President-elect Barack Obama to serve as secretary of Commerce, has withdrawn his name for the position, citing a pending investigation into a company that has done business with his state.

“Let me say unequivocally that I and my Administration have acted properly in all matters and that this investigation will bear out that fact,” he said Sunday in a report by NBC News’ Andrea Mitchell. “But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process.”

A federal grand jury is investigating how a California company that contributed to Richardson’s political activities won a New Mexico state contract worth more than $1 billion. Richardson said in a statement issued by the Obama transition office that the investigation could take weeks or months but expressed confidence it will show he and his administration acted properly.  Read More Here.

  4 comments for “Richardson Withdraws as Commerce Nominee

  1. Steve Perez
    January 4, 2009 at 5:06 pm

    Haha, I’m sure there’s a perfectly reasonable explanation for why that company that contributed to him won a BILLION dollar contract.

  2. Steven Carter
    January 4, 2009 at 5:55 pm

    It was actually a $1.4 MILLION contract.


  3. Steve Perez
    January 4, 2009 at 6:16 pm

    Wow, that is a big difference… Dan did you get a different number from a different source? Still, the fact that he’s withdrawn his nomination means there’s more then meets the eye to this.

  4. Bladerunner
    January 4, 2009 at 7:24 pm

    If you listen carefully, you can almost hear James Carville’s cackle drifting from a Louisiana bayou to all of PUMA Land,

    ” Gee, that’s a damm shame.”

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