Trump nominates Cubs co-owner Todd Ricketts as Deputy Commerce Secretary

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NEW YORK — President-elect Donald Trump has announced his choice of Todd Ricketts, co-owner of the Chicago Cubs, to serve as Deputy Commerce Secretary.

“Todd Ricketts is an immensely successful businessman with unparalleled knowledge of the finance industry,” Trump said in a statement. “As Deputy Commerce Secretary he will help us cut waste and streamline government so that it works for the people of America. The incredible job he and the Ricketts family did in the purchase and turnaround of the Chicago Cubs – one perfect step after another, leading to the World Championship, is what I want representing our people. I am very proud to have him on our team.”

“I am honored that President-elect Donald J. Trump has asked me to serve our country at this critical juncture in our history,” Ricketts said in the statement. “Advancing practical policies that promote economic opportunity is critical to making America great again. I’m eager to begin this important work and serving with Wilbur Ross to implement President-elect Trump’s economic agenda, which will improve the lives of all Americans.”

This is a developing story. Check back for details.