Nightly News   |  May 02, 2013

Obama nominates Pritzker as Commerce Secretary

President Obama announced Thursday he is nominating Chicago real estate investor Penny Pritzker as Commerce Secretary. Pritzker, whose net worth amounts to $1.85 billion, would be the wealthiest Cabinet member if confirmed by the Senate. NBC’s Brian Williams reports.

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>>> the president named his choice for commerce secretary today, penny pritzker . she was also importantly an early supporter of obama's 2004 senate campaign, coming through with money when she was struggling. e has a net worth of close to $2 billion. her family made their fortune in the hyatt hotel chain. they have given away a fortune as well. their philanthropy including the prize for architecture and the military library in chicago.