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Secretary of Commerce

U.S. President Barack Obama announces that he will nominate Chicago business executive Penny Pritzker for Commerce Secretary. (Credit: Chip Somodevilla/Getty Images)

U.S. Senate Confirms Chicago Billionaire Pritzker As Secretary of Commerce

The Senate has confirmed billionaire business executive Penny Pritzker to be secretary of Commerce, filling a vacancy that has stood since John Bryson resigned last summer.