Obama picks old friends for top economic posts
Source: Agencies |
May 3, 2013, Friday
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Print Edition
Print Edition
US President Barack Obama yesterday chose two old friends with business executive experience for top posts on his economic team, naming longtime fundraiser Penny Pritzker to the Commerce Department and adviser Michael Froman as United States Trade Representative.
Pritzker, a Hyatt hotel heiress, businesswoman and philanthropist, is Obama's pick to fill a Cabinet post that has been vacant since former secretary John Bryson resigned after he said he suffered a seizure that led to a series of traffic collisions.
Froman is one of Obama's law school classmates and senior economic advisers who previously worked as an executive at Citigroup. The Cabinet-level trade post performs as the administration's top adviser and negotiator on international trade.
Obama is putting more emphasis on trade in his second term.
If confirmed by the Senate, Froman would replace Ron Kirk, who quit as trade representative in February after serving in the post throughout Obama's first term.
Obama made the announcements in the White House Rose Garden just before departing for Mexico. The nominations, which require Senate confirmation, complete Obama's picks to fill his second-term Cabinet.
Pritzker, a Hyatt hotel heiress, businesswoman and philanthropist, is Obama's pick to fill a Cabinet post that has been vacant since former secretary John Bryson resigned after he said he suffered a seizure that led to a series of traffic collisions.
Froman is one of Obama's law school classmates and senior economic advisers who previously worked as an executive at Citigroup. The Cabinet-level trade post performs as the administration's top adviser and negotiator on international trade.
Obama is putting more emphasis on trade in his second term.
If confirmed by the Senate, Froman would replace Ron Kirk, who quit as trade representative in February after serving in the post throughout Obama's first term.
Obama made the announcements in the White House Rose Garden just before departing for Mexico. The nominations, which require Senate confirmation, complete Obama's picks to fill his second-term Cabinet.
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