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NM Gov. Bill Richardson Withdraws As Commerce Secretary Appointee

CQ: “New Mexico Gov. Bill Richardson has withdrawn as President-elect Barack Obama’s choice to be Commerce Secretary amid reports that a federal grand jury has been looking into whether a California company won a state contract after contributing to Richardson’s political causes. Richardson said in a statement that he had decided to step aside because the investigation might go on for months and the challenges facing the nation and new administration were too great for him to be a distraction.”

  • The full text of the statements of Gov. Richardson and President-elect Obama were posted by Talking Points Memo.
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