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President Obama has nominated Penny Pritzker, one of his biggest fundraisers as Commerce Secretary. She has a net worth of $1.85bn and is the 277th richest person in the United States. Just some of the reasons President Obama believes Penny Pritzker will have credibility when she deals with business leaders.But many progressives are uncomfortable with her appointment. Pritzker is a big figure in the Chicago business community and has raised millions of dollars for the President going back to his Senate campaign in 2004.

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