New Mexico Gov. Bill Richardson is withdrawing his nomination as Commerce Secretary, two Democratic officials told CNN's Ed Henry on Sunday.
The Democratic officials said Richardson cited the distraction of a federal investigation into his ties to a California company that won municipal bond business in New Mexico after contributing money to various Richardson causes.
Richardson, one of the best-known Hispanics in the Democratic Party, served as the energy secretary in the Clinton administration as well as ambassador to the United Nations.
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