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Nomination of Penny Pritzker to Be Secretary of the Us Department Of S. HRG. 113–619 NOMINATION OF PENNY PRITZKER TO BE SECRETARY OF THE U.S. DEPARTMENT OF COMMERCE HEARING BEFORE THE COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION UNITED STATES SENATE ONE HUNDRED THIRTEENTH CONGRESS FIRST SESSION MAY 23, 2013 Printed for the use of the Committee on Commerce, Science, and Transportation ( U.S. GOVERNMENT PUBLISHING OFFICE 94–056 PDF WASHINGTON : 2015 For sale by the Superintendent of Documents, U.S. Government Publishing Office Internet: bookstore.gpo.gov Phone: toll free (866) 512–1800; DC area (202) 512–1800 Fax: (202) 512–2104 Mail: Stop IDCC, Washington, DC 20402–0001 VerDate Nov 24 2008 07:34 Apr 10, 2015 Jkt 075679 PO 00000 Frm 00001 Fmt 5011 Sfmt 5011 S:\GPO\DOCS\94056.TXT JACKIE SENATE COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION ONE HUNDRED THIRTEENTH CONGRESS FIRST SESSION JOHN D. ROCKEFELLER IV, West Virginia, Chairman BARBARA BOXER, California JOHN THUNE, South Dakota, Ranking BILL NELSON, Florida ROGER F. WICKER, Mississippi MARIA CANTWELL, Washington ROY BLUNT, Missouri FRANK R. LAUTENBERG, New Jersey MARCO RUBIO, Florida MARK PRYOR, Arkansas KELLY AYOTTE, New Hampshire CLAIRE MCCASKILL, Missouri DEAN HELLER, Nevada AMY KLOBUCHAR, Minnesota DAN COATS, Indiana MARK WARNER, Virginia TIM SCOTT, South Carolina MARK BEGICH, Alaska TED CRUZ, Texas RICHARD BLUMENTHAL, Connecticut DEB FISCHER, Nebraska BRIAN SCHATZ, Hawaii RON JOHNSON, Wisconsin WILLIAM COWAN, Massachusetts ELLEN L. DONESKI, Staff Director JAMES REID, Deputy Staff Director JOHN WILLIAMS, General Counsel DAVID SCHWIETERT, Republican Staff Director NICK ROSSI, Republican Deputy Staff Director REBECCA SEIDEL, Republican General Counsel and Chief Investigator (II) VerDate Nov 24 2008 07:34 Apr 10, 2015 Jkt 075679 PO 00000 Frm 00002 Fmt 5904 Sfmt 5904 S:\GPO\DOCS\94056.TXT JACKIE C O N T E N T S Page Hearing held on May 23, 2013 ............................................................................... 1 Statement of Senator Rockefeller ........................................................................... 1 Statement of Senator Thune ................................................................................... 6 Statement of Senator Warner ................................................................................. 52 Statement of Senator Fischer ................................................................................. 54 Statement of Senator Scott ..................................................................................... 55 Statement of Senator Blunt .................................................................................... 57 Statement of Senator Klobuchar ............................................................................ 59 Statement of Senator Cowan .................................................................................. 62 Statement of Senator Cantwell .............................................................................. 64 Statement of Senator Begich .................................................................................. 66 Statement of Senator McCaskill ............................................................................. 68 Statement of Senator Cruz ..................................................................................... 70 WITNESSES Hon. Richard Durbin, U.S. Senator from Illinois .................................................. 1 Hon. Mark Kirk, U.S. Senator from Illinois .......................................................... 3 Letter dated May 15, 2013 to Hon. Mark Kirk from William M. Isaac ....... 3 Penny Pritzker, Nominee to be Secretary, U.S. Department of Commerce ........ 8 Prepared statement .......................................................................................... 10 Biographical information ................................................................................. 11 APPENDIX Response to written questions submitted to Penny Pritkzer by: Hon. John D. Rockefeller IV ............................................................................ 77 Hon. Maria Cantwell ........................................................................................ 78 Hon. Frank R. Lautenberg ............................................................................... 80 Hon. Mark Pryor ............................................................................................... 82 Hon. Mark Begich ............................................................................................. 84 Hon. Brian Schatz ............................................................................................ 84 Hon. William Cowan ........................................................................................ 89 Response to written questions submitted by Hon. John Thune to Penny Pritzer regarding her Questionnaire Responses ................................................ 89 Response to written questions submitted to Penny Pritzker by: Hon. John Thune .............................................................................................. 91 Hon. Roy Blunt ................................................................................................. 97 Hon. Marco Rubio ............................................................................................. 97 Hon. Kelly Ayotte ............................................................................................. 100 Hon. Dean Heller .............................................................................................. 101 Hon. Dan Coats ................................................................................................ 102 (III) VerDate Nov 24 2008 07:34 Apr 10, 2015 Jkt 075679 PO 00000 Frm 00003 Fmt 5904 Sfmt 5904 S:\GPO\DOCS\94056.TXT JACKIE VerDate Nov 24 2008 07:34 Apr 10, 2015 Jkt 075679 PO 00000 Frm 00004 Fmt 5904 Sfmt 5904 S:\GPO\DOCS\94056.TXT JACKIE NOMINATION OF PENNY PRITZKER TO BE SECRETARY OF THE U.S. DEPARTMENT OF COMMERCE THURSDAY, MAY 23, 2013 U.S. SENATE, COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION, Washington, DC. The Committee met, pursuant to notice, at 11:07 a.m. in room SR–253, Russell Senate Office Building, Hon. John D. Rockefeller IV, presiding. OPENING STATEMENT OF HON. JOHN D. ROCKEFELLER IV, U.S. SENATOR FROM WEST VIRGINIA The CHAIRMAN. Good morning, and this hearing will come to order. Because we are confronted here by two incredibly important and busy Senators facing us, it would never occur to Senator Thune and I to do what we ought to do, which is to give our state- ments first and make you wait. So what we are going to do, if it is all right with you, is ask each of you to give your statements, then we will give our statements, and then we will go to Ms. Pritzker. Senator Durbin. STATEMENT OF HON. RICHARD DURBIN, U.S. SENATOR FROM ILLINOIS Senator DURBIN. Chairman Rockefeller and Senator Thune, thank you, as well as other members of the Committee, for allow- ing Senator Kirk and I to come here today to introduce the nomi- nee that the President has offered to this committee and to Con- gress for the important position of Secretary of Commerce. I know that you are leaning in our direction, Mr. Chairman, be- cause of your wonderful Illinois-born wife and your connections to our great State. And we thank you for that. The CHAIRMAN. Actually it is not that. It is that you are in the leadership, and I do not want to mess around with you. [Laughter.] Senator DURBIN. That will be a first. [Laughter.] Senator DURBIN. Mr. Chairman, it is an honor to introduce Penny Pritzker, the President’s nominee to be Secretary of Com- merce. She is here with her family, whom she will introduce, I am sure, when the time is right for that. (1) VerDate Nov 24 2008 07:34 Apr 10, 2015 Jkt 075679 PO 00000 Frm 00005 Fmt 6633 Sfmt 6633 S:\GPO\DOCS\94056.TXT JACKIE 2 What you see when you consider Ms. Pritzker is not only decades of business, entrepreneurial, and civic experience, which make her a strong candidate for this position, but also a warm, compas- sionate person who has really given back to the committee in Illi- nois and across the Nation. Ms. Pritzker has built five businesses from scratch, served on numerous corporate boards, and has been an effective leader of major corporations. She ranks as one of the most influential women in corporate America, and that is quite an achievement when you consider the glass ceilings and other obsta- cles which women face. Her lifetime of business experience includes her current role as Founder, Chairman, and CEO of PSP Capital Partners and Pritzker Realty Group. She also serves on the Board of Artemus Real Estate Partners and Hyatt Hotels Corporation, previously served on the boards of William Rigley, Jr. Company, Marmon Group, and the LaSalle Bank Corporation. Her decades of business experience will serve her well in leading this Agency’s primary mis- sion, which is to work with businesses, universities, and commu- nities to promote job creation and economic growth. Ms. Pritzker’s business experience is only enhanced by her serv- ice to the community in Illinois and across the country. She has led initiatives that improve education and help connect people with job opportunities. She leads Skills for America’s Future, a national pro- gram that brings together businesses, community colleges, and oth- ers to prepare workers for 21st century jobs and to help them find employment. In addition to education, she is an ardent supporter of the arts. Ms. Pritzker is a Member of the American Academy of Arts and Sciences, a
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