President Obama has nominated Penny Pritzker to replace John Bryson who resigned as Secretary of Commerce last June. Pritzker is a billionaire business executive, entrepreneur, civic leader, and philanthropist.
Pritzker has served in numerous roles in the Obama Administration, including as a member of the President’s Council on Jobs and Competitiveness and on the President’s Economic Recovery Advisory Board. More importantly, she was involved extensively in each of the president’s campaigns serving as finance chair in 2008 and as co-chair of Obama for America in 2012.
This nomination may not easily pass the Senate. Pritzker was also considered for the Commerce position in 2008, but withdrew her name amid controversies surrounding her and her families finances.
It is likely that President Obama will not nominate a new PTO director until the Commerce Secretary position is solidified. David Kappos left the PTO in January. Teresa Stanek Rea has been Acting Director since that time.