This week President Obama nominated billionaire hotel magnate Penny Pritzker (pictured, right) to be the next Commerce Secretary. He als0 nominated longtime Obama confidant Michael Froman (left) as U.S. Trade Representative.
Given these two nominations, some observers are suggesting that the President’s proposal to reorganize several government agencies under one umbrella is just not going to happen. In January 2012 President Obama had announced plans to consolidate the Commerce Department, U.S. Trade Representative, the Export Import Bank and the Small Business Administration, among others. Then during the 2012 presidential election a variation of this proposal was floated that suggested creating a new Secretary of Business.
To read the original article: Let's Hope SBA, Commerce Merger is Dead With Pritzker Nomination
