cabinet

Obama Names Richardson as Commerce Secretary

Following Monday's announcements that Sen. Hillary Clinton has been officially named Secretary of State, and that Robert Gates will remain head of the Department of Defense, President-Elect Barack Obama formally announced Wednesday that Bill Richardson, Governor of New Mexico and former Ambassador to the UN under President Clinton, will serve as Secretary of Commerce.

It's true: Senator Hillary Clinton will be Obama's new Secretary of State, Timothy Geithner will be the Secretary of the Treasury, and Governor Bill Richardson will be the Secretary of Commerce.  There are also unconfirmed rumors that Gen. Robert Gates will stay on as Secretary of Defense.

Geithner is a highly qualified economic authority who is president of the Federal Reserve Bank of New York and was a central player in this year's financial rescue plans.  We all know Clinton, and Richardson is the Governor of New Mexico with enormous experience.

Congratulations, all.  Obama's cabinet is certainly shaping up to be a powerful one, for better or worse.