(Headline USA) The Biden administration has tapped former Commerce Secretary and major Democratic donor Penny Pritzker to coordinate U.S. efforts to channel private sector reconstruction assistance to Ukraine.
The wealthy heiress of the Hyatt hotel chain and numerous other ventures in real-estate, hospitality and investing is also the sister of current Illinois Gov. J.B. Pritzker.
President Joe Biden and Secretary of State Antony Blinken announced the appointment on Thursday, just moments after the Treasury imposed a raft of new sanctions on Russia and Russian operatives for their role in the war on Ukraine.
Pritzker’s appointment likely helps to assure that the massive money-laundering operations Democrats are suspected to be conducting in Ukraine—converting tax dollars into in-kind political donations or, in some cases, helping to line their own personal coffers—remain unscrutinized after hundreds of billions of dollars have been funneled into the so-called war effort with little apparent result.
Major leftist financial investors—including BlackRock, which has well-known ties to the Biden national security apparatus and is notorious for pushing its woke ESG policies onto unwitting investment targets, are currently lining up to get their cut of the profit once weapons manufacturers like Raytheon and Lockheed Martin have taken theirs.
“Working in lockstep with the Ukrainian government, our allies and partners, international financial institutions, and the private sector, she will drive the United States’ efforts to help rebuild the Ukrainian economy,” Biden said in a statement. “This includes mobilizing public and private investment, shaping donor priorities, and working to open export markets and businesses shut down by Russia’s brutal attacks and destruction.”
Pritzker, a native of Chicago with Ukrainian family roots has been a a prolific fundraiser for Democratic party candidates.
Her “extensive private sector experience, service as secretary of commerce, and deep personal connection to Ukraine and the Ukrainian diaspora make her uniquely qualified for this task,” Blinken said. “She will be key to our determination to see to it that Ukraine not only survives but thrives, standing on its own.”
Adapted from reporting by the Associated Press