Payoff time

Chicago Tribune - Making official what many have expected for weeks, President Barack Obama has nominated Chicago business executive Penny Pritzker, a longtime political supporter and heavyweight fundraiser, as his new Commerce secretary.

Pritzker's nomination could prove controversial. She is on the board of Chicago-based Hyatt Hotels Corp., which was founded by her wealthy family and has had rocky relations with labor unions, and she could face questions about the failure of a bank partly owned by her family.

UNDERNEWS