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Why did Bill Richardson withdraw his nomination for Secretary of Commerce?

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Why did Bill Richardson withdraw his nomination for Secretary of Commerce?

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Bill Richardson withdrew due to allegations of his involvement in a “pay-to-play” scandal. Richardson claims that he withdrew his nomination because his confirmation would have been delayed, and he did not want to disrupt a timely nomination to this position. To date, these allegations have yet to be confirmed, but the investigation is moving forward.

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