my man, the cow.
My man, former presidential candidate Bill Richardson is withdrawing his nomination to be commerce secretary.
Why?
He is being investigated as to ties with a dirty company.
Two Democratic officials told CNN the investigation involves a California company that won municipal bond business in New Mexico after contributing money to various Richardson causes.
In a statement Sunday, Richardson said he asked Obama "not to move forward" with his nomination now.
"I do so with great sorrow. But a pending investigation of anauivocally that I and my Administration have acted properly in all matters and that this investigation will bear out that fact. But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process. Video Watch why Richardson bowed out »
"Given the gravity of the economic situation the nation is facing, I could not in good conscience ask the President-elect and his Administration to delay for one day the important work that needs to be done."
Obama released a statement saying that he accepted the withdrawal with "deep regret."
Richardson will continue in his role as Governor.
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