Bill Richardson withdraws himself from his cabinet nod due to an investigation back in NM.

Too bad, I really liked the guy and he was my top pick for SecState. It seems highly unlikely Richardson will be found guilty of any wrongdoing in what seems to be a “pay-to-play” scheme involving state contracts, but he stated he does not want the investigation to hamper the new administration, which is still recoiling from the revelation of the Blago scandal.

Biggest Consequence: aside from sheer surprise that such a big name is out, who will Obama name to succeed him, and how will the hispanic community react to the removal of the highest profile hispanic in the administration?