- from wire servies:

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Barack Obama to serve as secretary of Commerce, has withdrawn his name for 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."

rest:
http://www.msnbc.msn.com/id/28493919/

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