Gov. Bill Richardson Steps Down As Obama's Commerce Secretary Designate

This breaking news, New Mexico Governor Bill Richardson annouced he was stepping down as President-Elect Barack Obama's Commerce Secretary Designate.  The reason given by the Washington Post is that in light of the matter of the Blagojevich Scandal, Richardson reconsidered the importance of an alledged "pay-to-play" investigation in New Mexico.  I learned the news from this email:

Richardson to withdraw as Commerce secretary
New Mexico governor cites pending investigation of business dealings
BREAKING NEWS
NBC News
updated 10:56 a.m. PT, Sun., Jan. 4, 2009
The Associated Press contributed to this report.
New Mexico Gov. Bill Richardson, tapped in December by President-elect Barack Obama to serve as secretary of Commerce, has withdrawn his name for the position, citing a pending investigation into a company that has done business with his state.

"Let me say unequivocally that I and my Administration have acted properly in all matters and that this investigation will bear out that fact," he said Sunday in a report by NBC News' Andrea Mitchell. "But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process."

A federal grand jury is investigating how a California company that contributed to Richardson's political activities won a lucrative New Mexico state contract.

A person familiar with the proceedings has told The Associated Press that the grand jury is looking into possible "pay-to-play" dealings between CDR Financial Products and someone in a position to push the contract through with the state of New Mexico.

Richardson said he plans to continue in his role as governor. "I appreciate the confidence President-elect Obama has shown in me, and value our friendship and working partnership. I told him that I am eager to serve in the future in any way he deems useful. And like all Americans, I pray for his success and the success of our beloved country."

Obama said Sunday he accepted Richardson's decision to withdraw with 'deep regret.'

"Governor Richardson is an outstanding public servant and would have brought to the job of Commerce Secretary and our economic team great insights accumulated through an extraordinary career in federal and state office," Obama said.

Richardson, 61, was United Nations ambassador and energy secretary during the Clinton administration, and he is in his second term as New Mexico's governor. He also served seven terms in the House of Representatives.

If he had been confirmed by the Senate as secretary of Commerce, he would have taken over a sprawling department that oversees the National Weather Service, the Census Bureau, economic development programs and more.

One of the nation's most prominent Hispanic politicians, Richardson had pledged at the time of his nomination -- in English and Spanish -- to work to renew the economy.

Obama on Sunday gave no indication whom he might name to replace Richardson as the nominee but said "we must move quickly to fill the void left by Governor Richardson's decision."

My take is it's better this happened now rather than go forward into what could be an embarassing Senate confirmation battle.  Now, the question is who should Obama select to take Richardson's place.  I think that person should be more of an economic technocrat than a politician.  More later.  

Gov Bill Richardson v. James Carville A Warning To Superdelegates

Gov. Bill Richardson v. James Carville A Warning To Superdelegates

In a timely op-ed in the Monday Washington Post, New Mexico Governor Bill Richardson reveals that is call to Senator Hillary Rodham Clinton to report that he'd endorsed Senator Barack Obama for President was "heated" but did not give more details.

Richardson was writing to report his displeasure with the "personal" attacks Clinton supporter and CNN Commentator James Carville has exacted on him after Richardson endorsed Obama.

In words he did not back away from, Carville compared Richardson to Judas for the act of backing Obama. But in his op-ed, Richardson hit a home-run of a point: neither the Clintons nor their backers and supporters leveled such attacks on Richardson when he opposed Sen. Clinton in the Presidential campaign race.

In all, in my view, this episode has revealed the worst aspects of the Clinton campaign. While Carville says it's personal because of the jobs Richardson had done for President Clinton, the simple fact is that there are a number of elected officials who owe some "debt" to the Clintons. I don't know who has "paid their debt" but it's got to give any Superdelegate in that position pause to see how Richardson was treated by the Clinton Campaign.

This could cause more undeclared Superdelegates to go for Obama over the next few weeks.

Stay tuned.