Richardson withdraws as Commerce nominee - Politics- msnbc.com: "New Mexico Gov. Bill Richardson, tapped in December by President-elect Barack Obama to serve as secretary of Commerce, has withdrawn his name for the position, citing a pending investigation into a company that has done business with his state.
'Let me say unequivocally that I and my Administration have acted properly in all matters and that this investigation will bear out that fact,' he said Sunday in a report by NBC News' Andrea Mitchell. 'But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process...'"
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