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Commerce nominee Locke reports seven-figure income

President Obama's nominee for commerce secretary will take a pay cut should he get the job. A new report shows Gary Locke's income ...

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Sources: Obama likely to tap Locke for commerce

President Obama's pick for commerce secretary is likely to be former Washington Gov. Gary Locke, two administration sources told CNN Monday. Locke, 57, was the country's first Chinese-American governor. He would be Obama's third nomination for the post, after New Mexico Gov. Bill Richardson and Republican Sen. Judd Gregg withdrew.

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