Robert Mosbacher Sr., former Commerce secretary, dies at 82

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Robert Mosbacher Sr., a Houston oil multimillionaire who served as U.S. Commerce secretary under his close friend President George H.W. Bush, has died at a Houston hospital. He was 82.

Mosbacher died today after a yearlong battle with pancreatic cancer, family spokesman Jim McGrath told the Associated Press.

‘Together we shared a journey that led to the presidency, the mountaintop of American politics, and there we worked together to help America more fully embrace the world around us and compete in the newly emerging global markets that the waning Cold War made accessible,’ Bush said in a statement. ‘No doubt, he will be remembered as one the most effective Commerce secretaries in our nation’s history.’

We’ll have a more complete obituary later at latimes.com/obits.

-- Associated Press