[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Here’s Who Will Lament — and Celebrate — the Plummeting U.S. Birth Rate

In Landmark Move, GOP Congress Calls Climate Change ‘Direct Threat’ to Security

John McCain Is a National Treasure

Second Monumental Arch of Titus

‘Oh, he just died’: Teens mock drowning man in disturbing video

Body Camera Video In Minneapolis Dog Shooting Released

The good people that Vic talks about needing welfare

Michigan Man Told To “Give Up Some Of Your Constitutional Rights” In Exchange For Adopting Grandson

Court Rules That Employees Can’t Be Fired For Medical Marijuana

Court Says Gov't Has To Do More Than Say It Doesn't Believe The Property Owners If It Wants To Keep The Cash It Seized

Megyn Kelly’s Bad News Just Keeps On Coming. She’s Screwed.

US Lawmakers Seek to Throw Citizens in Prison for Decades if They Boycott Israel

Police Claim Damond ‘Ambushed’ Cops-Unarmed in Pajamas-Family Blasts it as ‘Disinformation’

DUI-E Law Now Makes It Illegal to Text, Smoke and Even Eat While Driving

Taking Care of a Friend’s Dog For The Weekend? Better Have a License, NYC Says

DOJ Boss Promises The Return Of Everything That Didn't Work During The Last 40 Years Of Drug Warring

Orthodox Patriarch of Moscow - West is making a mistake

Breaking: O.J. Simpson granted parole

Antifa Leader Arrested in California for June 2016 Sacramento Riot

Bad Leadership 101: Toronto Man Builds Stairway for $550 Instead of $65,000 -- and the City Blocks It

This Poconos Property Manager Helped My Family Keep Our Vacation Home—Until Pennsylvania Shut Her Down

Jeff Sessions Marijuana Obsession vs Trump’s Pledge

Storage Cubby “Criminals”

John McCain diagnosed with Brain Cancer

Big Military Spending Boost Threatens Our Economy and Security

Girl at lemonade stand threatened by a man who said he'd call police for lack of a business license (misterwhite or Gatlin?)

Former Speaker of the House Let Out of Prison Early After Raping Children

Innocent Man Freed After Cop Seen on Own Body Cam Planting Drugs to Frame Him

Jilted Dentist Calls CPS on Mom

Why Did the IRS Seize this Wedding Boutique and Sell Everything for Next to Nothing?

His parents said he just needed to sleep. A SWAT team came instead

Called IT! (Minneapolis Cop "feared for his life") Officer heard ‘loud sound’ before partner shot Minneapolis woman

Trump threatens to change the course of American Christianity

Haiti Official Who Exposed The Clinton Foundation Is Found Dead

The Newest Cringeworthy Trend On Social Media: MAGA Swimwear

Trump says time to ‘let ObamaCare fail’ after health bill stalls

Recent high school grad accused of multiple robberies

‘Police Specialty Courts’ will let officers avoid prosecution

Jeff Sessions Wants Police To Steal More From Civilians

Ten Reasons Barack Obama Was America’s Worst President

Caught on camera: Trooper driving the wrong way

Delta tweets ... insults at Ann Coulter --- Still want to fly Delta?

shooT The car ... driver dies --- wasn'T murder

Is new LPGA dress code 'body shaming' players?

Formerly homeless man booted off his own, newly purchased mountain property

Executive Order—Arrest and Imprisonment of Irresponsible Newspaper Reporters and Editors

The Catastrophe That Ran For President

Tucker Carlson Goes to War Against the Neocons

White glamour model with 32S breasts who uses tanning injections to make her skin darker records bizarre video claiming it's the first time she's visited Los Angeles as a 'black woman'

Australian woman shot dead by US police


Status: Not Logged In; Sign In

Corrupt Government
See other Corrupt Government Articles

Title: Ricketts withdraws name for Trump’s Cabinet
Source: Chicago Sun-Times
URL Source: http://chicago.suntimes.com/politic ... draws-name-for-trumps-cabinet/
Published: Apr 19, 2017
Author: Lynn Sweet
Post Date: 2017-04-19 20:02:14 by Willie Green
Keywords: None
Views: 70

WASHINGTON – Unable to untangle his complex financial holdings to the satisfaction of the Office of Government Ethics, Cubs board member Todd Ricketts, tapped by President Donald Trump to be the Deputy Commerce Secretary, on Wednesday withdrew his nomination.

Ricketts, a Wilmette resident who is a member of the billionaire Ricketts clan, was willing to divest his considerable personal portfolio of holdings, but that was apparently not enough.

Some of the Ricketts investments are in family enterprises, with the Cubs and TD Ameritrade being the best known.

“I am deeply honored that President Trump nominated me to serve as Deputy Secretary of Commerce,” Ricketts told the Sun-Times in an email.

“I offer my continued support for President Trump and his administration, and the important work they are doing to promote economic opportunity. I hope there are other opportunities to contribute to his administration in the future.”

A source familiar with Ricketts’ finances told the Sun-Times, “he could not unravel the overlapping family holdings that obviously include the Cubs” and other assets derived from owning the team.

Other Trump administration posts — not in Commerce — may present potential conflict-of-interest issues that are more easily resolved for Ricketts.

Trump nominated Ricketts on Nov. 30 for the number two spot in Commerce, which required Senate confirmation.

Ricketts filed financial disclosures with the Senate Commerce Committee, but the panel would not set a hearing date until Ricketts obtained clearance from the Office of Government Ethics – which oversees the executive branch, with the exception of the president.

Ricketts has varied business interests, from his “Higher Gear” bike store in Wilmette to the Cubs to his position on the TD Ameritrade board.

The Ricketts family are large shareholders of TD Ameritrade, the company family patriarch Joe Ricketts, a billionaire, founded in 1975.

Ricketts and his three siblings are also on the Cubs board, legally known as Chicago Baseball Holdings LLC. Brother Pete is the GOP governor of Nebraska. Sister Laura is a prominent activist Democrat. Brother Tom is the Cubs chairman.

Trump gave a hat-tip to the Cubs 2016 World Series win when he said in a Nov. 30 statement that Ricketts “is an immensely successful businessman with unparalleled knowledge of the finance industry.

“As Deputy Commerce Secretary he will help us cut waste and streamline government so that it works for the people of America. The incredible job he and the Ricketts family did in the purchase and turnaround of the Chicago Cubs – one perfect step after another, leading to the World Championship, is what I want representing our people. I am very proud to have him on our team,” Trump said.

Until he was nominated, Ricketts presided over the political operations of the GOP wing of the Ricketts family, becoming increasingly more active and public in the political arena in the past few years.

In 2013, Ricketts took the baton from his father and became CEO of organizations the senior Ricketts founded to advocate for conservative fiscal policies and reducing the size of government: Ending Spending’s SuperPAC and its nonprofit advocacy arm.

Trump’s nominee to be Army Secretary, Vincent Viola, the billionaire owner of the Florida Panthers hockey team, withdrew his name in February because of his spokesman said were “insurmountable” challenges of separating himself from his business interests.

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com