Politics & Government

Ahead Of Obama Trip, Mexico Alters Cooperation Agreements

President Obama heads to Mexico Thursday for a three day trip south of the border that includes a stop in Costa Rica. The president says he plans to focus on trade and economic opportunities between the U.S. and Mexico during his visit. But the timing of the trip comes just as Mexico is altering cooperation agreements between the two countries in the fight against drug trafficking.

Obama Announces Commerce, Trade Nominees

President Obama on Thursday nominated Penny Pritzker to run the Commerce Department. An heiress to the Hyatt hotel empire and one of Forbes' 300 richest Americans, she also served on the President's Economic Recovery Advisory Board. Obama also nominated a new U.S. Trade Representative. Michael Froman is a senior economic adviser to the president and a former Citigroup executive.