By  on January 29, 2009

WASHINGTON — Penny Pritzker, President Obama’s initial choice for commerce secretary and co-chairman of his inaugural, believes business leaders should prepare for a new era when the private sector actively participates in federal economic policy-making.

Pritzker, who turned down the commerce secretary job because of business responsibilities at home in Chicago, has been chosen to serve on a new advisory body, the President’s Recovery Act Board. Details of the board are slim at this stage, but Pritzker hinted at how the board would operate in an exclusive interview with WWD.

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