AP: Obama clinches nomination

Associated Press is reporting Sen. Barack Obama has clinched the Democratic presidential nomination and that Sen. Hillary Clinton has signaled that she is willing to consider the vice presidential slot:

According to one participant in an afternoon conference call among Clinton and members of the New York congressional delegation, Rep. Nydia Velazquez said she believed the best way for Obama to win over Hispanics and members of other key voting blocs would be to take the former first lady as his running mate.

"I am open to it," Clinton replied, if it would help the party's prospects in November, said the participant, who spoke on condition of anonymity because the call was a private matter.

Obama sealed his victory based on primary elections, state Democratic caucuses and delegates' public declarations as well as support from 22 delegates and "superdelegates" who privately confirmed their intentions to The Associated Press. It takes 2,118 delegates to clinch the nomination.

Clinton stood ready to concede that her rival had amassed the delegates needed to triumph, according to officials in her campaign. They stressed that the New York senator did not intend to suspend or end her candidacy in a speech Tuesday night in New York. They spoke on condition of anonymity because they had not been authorized to divulge her plans.