Cabinet Moves

Richardson to Commerce

President-elect has selected New Mexico Gov. Bill Richardson to be his secretary of Commerce, in a move that will be announced later, Politico reports. Richardson, who served as Energy secretary and ambassador to the United Nations under President Clinton, had wanted to be secretary of state, a position presumed to be occupied by Hillary Clinton. Obama, meanwhile, will appear with Fed President Tim Geithner, his pick for Treasury secretary, and Larry Summers, his economic adviser, in Chicago on Monday.