WASHINGTON - In nominating Federico Pena last week to be his transportation secretary, President-elect Bill Clinton tapped a former municipal official who played an instrumental role in financing the country's newest airport.

The former mayor of Denver is one of three cabinet nominees with experience in issuing tax-exempt bonds.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.