Todd Ricketts, co-owner of the MLB baseball team the Chicago Cubs, departs following a meeting with U.S. President-elect Donald Trump in Bedminster
WASHINGTON (Reuters) - President Donald Trump's choice for deputy secretary of commerce, Todd Ricketts, has withdrawn his nomination, a source close to Ricketts said on Wednesday.
Ricketts, a co-owner of the Chicago Cubs baseball team, pulled his name from consideration due to difficulties untangling his financial holdings to the satisfaction of the government ethics watchdog, the Chicago Sun-Times reported.
"I hope there are other opportunities to contribute to his administration in the future," Ricketts said in a statement.
(Reporting by Steve Holland; Editing by Eric Walsh)