Hyatt

 President Barack Hussein Obama nominated long-time friend and ally, Penny Pritzker to become the nation’s secretary of commerce today. Ms. Pritzker is the heir to the Hyatt Hotel fortune and only the 3rd female in history to be nominated to this cabinet level position of female leadership.

If accepted, Pritzker will follow in the footsteps of interm Commerce Secretary Rebecca Blank. Blank was previously the Acting Secretary from July 2011 until October 2011.

“It’s a known fact that women have a better history of balancing budgets better than men,” quipped Tracey Trottenberg, founder of Amazing Women International. “The world is starving for Female Leadership. When we, as women, hold ourselves back, we hold everyone back. And there are so many ways we do this. Yet when we allow ourselves to shine, be powerful, joyful, strong and soft, everyone around us grows. The nomination of Pritzker is a good one, not just because she is a woman, but because she is a powerful, economically sound leader and emodies female leadership at the highest level.”