Barack Obama has named New Mexico Governor Bill Richardson as his new Secretary of Commerce, reports the Huffington Post.

“Obama praised Richardson’s long resume. He served as 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.

“‘During his time in state government and Congress, and in two tours of duty in the Cabinet, Bill has seen, from just about every angle, what makes our economy work and what keeps it from working better,’ Obama said.”

Read the full post here.