Exclusive: Pritzker turns down Commerce

Hyatt heiress fears confirmation problems

By MIKE ALLEN
Updated 4:18 PM EST, Thu, Nov 20, 2008

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Billionaire Penny Pritzker didn't want the hassle of going through the vetting process.
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Chicago businesswoman Penny Pritzker, national campaign finance chairwoman for the Obama campaign, has taken herself out of the running to be secretary of Commerce because of vetting issues, a Democratic official said.

“She fears problems with her confirmation based on past business dealings,” the official said.

Pritzker was featured in a flurry of news reports as a likely secretary of commerce. But senior officials repeatedly — and correctly — told Politico that was not true.

Pritzker is a billionaire heiress to the Hyatt hotel fortune.

First Published: Nov 20, 2008 1:30 PM EST

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