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More news has come out about the makeup of Obama's Cabinet. The New York Times reports that Penny Pritzker is a leading candidate for Commerce Secretary:

Two other leading contenders for cabinet positions emerged late Wednesday, Democrats with knowledge of the process said. Gov. Janet Napolitano of Arizona was poised to be offered the position of homeland security secretary, and Penny Pritzker, a Chicago businesswoman and national finance chairman of the Obama campaign, was in the final stages of vetting for commerce secretary.

A longtime friend of Mr. Obama, Ms. Pritzker was a chief architect of his record-breaking fund-raising efforts during the presidential campaign. Ms. Priztker is one of three cousins who manage their dynasty's financial empire, which includes the Hyatt hotel chain, casinos and many other ventures. But some of Ms. Pritzker's business dealings may also raise tough questions during any confirmation process. She was involved in running and overseeing Superior Bank, an Illinois institution co-owned by her family that was at the forefront of turning subprime loans into securities, the risky practice at the heart of the financial crisis. The bank collapsed in 2001 after regulators discovered accounting irregularities that overstated its assets.

CNN also reports that Pritzker is the leading candidate to head the Commerce department:

Also, multiple Democratic sources say billionaire Chicago businesswoman Penny Pritzker is Obama's choice for commerce secretary.

The sources say she will accept the job, which would be formally offered after vetting is complete. Pritzker ran Barack Obama's record-breaking fundraising effort, serving as the campaign's finance chair.

Read more about Obama's potential Cabinet here.