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updated: 6/27/2013 7:15 AM

Pritzker sworn in as Obama's commerce secretary

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  • Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington.

      Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington.
    Associated Press

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Associated Press

Billionaire Chicago business executive Penny Pritzker is now officially commerce secretary.

The White House says that Pritzker was sworn in on Wednesday. The Senate confirmed her nomination on Tuesday, filling a vacancy that has stood since John Bryson resigned last summer. The vote was 97-1.

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Pritzker is a longtime friend of President Barack Obama and a prolific fundraiser for his presidential campaigns. Obama says she will be "a key member" of his economic team.

Pritzker has led several companies and currently serves as chair of investment firms Pritzker Realty Group and Artemis Real Estate Partners. She's also on the board of the Hyatt Hotels Corp., the chain co-founded by her father.

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