Penny Pritzker Nominated for Commerce Secretary
After weeks of speculation, or I should say expectation, President Obama has nominated Chicago businesswoman Penny Pritzker as his new Commerce Secretary this morning. Pritzker is on the board of her family-founded Chicago-based Hyatt Hotels Corporation and is also a longtime supporter and huge Democratic fundraiser. Her role as board member may make the actual confirmation a little tricky as the Hyatt Corporations relationships with labor unions hasn’t been solid to put it mildly, and there’s also the questions she will have to answer about the failed bank that was partly owned by the Pritzker family.
On a more personal note, the billionaire businesswoman would have something to add to her legacy that’s not directly tied to her wealthy and powerful family. If confirmed by the Senate, she would actually be the first member of the Pritzker family to hold a top-level political office. Besides her seat on the board of the Hyatt Hotels, Pritzker runs an investment firm, PSP Capital Partners, and its affiliated real estate investment firm, Pritzker Realty Group. Despite being heralded by President Obama as “one of the country’s most distinguished business leaders,” Pritzker has a little ways to go on her road to being confirmed, including an appearance with the Commerce, Science and Transportation Committee and one-on-one introductory meetings with its senators. It will be interesting to see how hard she’s grilled as this is known to be quite the arduous process, but she’s a financial rock star and there’s a lot of confidence she will get through it unscathed.
Source: Chicago Tribune
Related Articles
Carlos Alcaraz at Reserve Cup Marbella Completely Changes the Tennis-Padel Dynamic
Carlos Alcaraz surprised fans at Reserve Cup Marbella at Puente Romano on June 18, 2026, joining Wayne Boich courtside.
Why Cannes Lions 2026 is the Biggest Moment Yet for Creators & Sports Marketing
United Talent Agency’s UTA Beach brings 120+ creators to Cannes Lions 2026 as the creator economy and sports marketing take center stage.
Haute Living San Francisco: The Guide to Luxury in the Bay Area
San Francisco and the Bay Area represent a unique intersection of technology wealth, cultural sophistication, and natural beauty. From Pacific Heights mansions to Napa Valley vineyards, Haute Living covers the luxury lifestyle that makes Northern California one of the world’s most desirable destinations. San Francisco Real Estate Pacific Heights, Russian Hill, and the Bay Area […]
Haute Living Las Vegas: The Ultimate Guide to Luxury in the Entertainment Capital
Las Vegas has evolved from entertainment capital to luxury destination — with world-class dining, billion-dollar resorts, exclusive nightlife, and a real estate market that attracts the world’s most discerning buyers. Haute Living covers Vegas at its most luxurious. Las Vegas Resorts & Hotels The Wynn, Bellagio, Venetian, and the resorts redefining five-star hospitality in the […]
Haute Living Los Angeles: The Definitive Guide to Luxury on the West Coast
Los Angeles is where entertainment meets luxury, where celebrity culture intersects with world-class real estate, dining, and art. From the hills of Bel Air to the beaches of Malibu, Haute Living covers LA’s luxury landscape — the homes, the restaurants, the parties, and the people who make the City of Angels the capital of West […]
Haute Living New York: The Ultimate Guide to Luxury in the City That Never Sleeps
New York City is the world capital of luxury — where the finest dining, the most prestigious real estate, the biggest art auctions, and the brightest fashion shows converge. Haute Living’s New York coverage spans the full spectrum of what makes this city the ultimate destination for those who demand the best. New York Real […]
Latest Stories
Trending Articles
Related Articles
Carlos Alcaraz at Reserve Cup Marbella Completely Changes the Tennis-Padel Dynamic
Carlos Alcaraz surprised fans at Reserve Cup Marbella at Puente Romano on June 18, 2026, joining Wayne Boich courtside.
Why Cannes Lions 2026 is the Biggest Moment Yet for Creators & Sports Marketing
United Talent Agency’s UTA Beach brings 120+ creators to Cannes Lions 2026 as the creator economy and sports marketing take center stage.
Haute Living San Francisco: The Guide to Luxury in the Bay Area
San Francisco and the Bay Area represent a unique intersection of technology wealth, cultural sophistication, and natural beauty. From Pacific Heights mansions to Napa Valley vineyards, Haute Living covers the luxury lifestyle that makes Northern California one of the world’s most desirable destinations. San Francisco Real Estate Pacific Heights, Russian Hill, and the Bay Area […]
Haute Living Las Vegas: The Ultimate Guide to Luxury in the Entertainment Capital
Las Vegas has evolved from entertainment capital to luxury destination — with world-class dining, billion-dollar resorts, exclusive nightlife, and a real estate market that attracts the world’s most discerning buyers. Haute Living covers Vegas at its most luxurious. Las Vegas Resorts & Hotels The Wynn, Bellagio, Venetian, and the resorts redefining five-star hospitality in the […]
Haute Living Los Angeles: The Definitive Guide to Luxury on the West Coast
Los Angeles is where entertainment meets luxury, where celebrity culture intersects with world-class real estate, dining, and art. From the hills of Bel Air to the beaches of Malibu, Haute Living covers LA’s luxury landscape — the homes, the restaurants, the parties, and the people who make the City of Angels the capital of West […]
Haute Living New York: The Ultimate Guide to Luxury in the City That Never Sleeps
New York City is the world capital of luxury — where the finest dining, the most prestigious real estate, the biggest art auctions, and the brightest fashion shows converge. Haute Living’s New York coverage spans the full spectrum of what makes this city the ultimate destination for those who demand the best. New York Real […]
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events