Donald Trump's choice for deputy commerce secretary, Todd Ricketts, has withdrawn from consideration, a source close to Ricketts said Wednesday.

The decision by Ricketts, a Chicago Cubs co-owner and TD Ameritrade board member, to withdraw his name was due to difficulties untangling his financial holdings to satisfy ethics rules, according to the Chicago Sun-Times which first reported the news.

Read more:

To change your alert settings, please go to

This email was sent to by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA

Please click here and follow the steps to unsubscribe.