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NATION : Mosbacher Takes Cabinet Oath

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From Times wire services

Texas millionaire Robert A. Mosbacher was sworn in today as secretary of commerce with a prediction from President Bush that he will “chart America’s course into a new era of prosperity.”

In ceremonies at the Commerce Department, fellow-Texan Secretary of State James A. Baker III administered the oath of office to Mosbacher. Mosbacher’s redheaded wife, cosmetics tycoon Georgette, held the family Bible. As with other Bush Cabinet swearings-in, the program began with a prayer and a recitation of the Pledge of Allegiance.

Gradually recovering from laryngitis, Bush, sounding better than he has in days, called his friend of 30 years “a savvy international businessman and entrepreneur who built his own business” and kept it going in tough times.

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