Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington, Thursday, May 23, 2013, before the Senate Commerce ... more 
Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington, Thursday, May 23, 2013, before the Senate Commerce Committee hearing on her nomination. A longtime Obama friend who raised hundreds of thousands of dollars for both of his presidential campaigns, Pritzker is facing scrutiny at a Senate confirmation hearing for her ties to a subprime mortgage lender that failed in 2001. (AP Photo/J. Scott Applewhite) less 
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Associated Press | Photo By J. Scott Applewhite
Thu, May 23, 2013 1:24 PM EDT