December 3, 2008 / 7:19 AM / 11 years ago

Obama names Richardson as Commerce Secretary

President-elect Barack Obama introduces New Mexico Governor Bill Richardson as his Commerce Secretary-designate during a press conference in Chicago, December 3, 2008. REUTERS/Jeff Haynes

CHICAGO (Reuters) - President-elect Barack Obama on Wednesday named New Mexico Gov. Bill Richardson, a former rival for the Democratic presidential nomination, as Commerce Secretary.

“Last week, Vice President-elect Biden and I began the process of announcing our economic team,” Obama said at a news conference. “Today we are pleased to name another key member of this team — our nominee for Secretary of Commerce, my great friend, Gov. Bill Richardson.”

Editing by Philip Barbara

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