Risky Business

Why Is Judd Gregg Withdrawing His Nomination To Be Commerce Secretary?

By Matthew Bandyk

Posted: February 13, 2009

Judd Gregg is the latest Obama Cabinet nominee to withdraw, and perhaps the most confusing withdrawal yet. Gregg's stated reasons for withdrawing don't fully explain the picture. First, he says he disagrees with the policy direction the administration has gone with the stimulus. But if that were the full explanation, Gregg never would have agreed to be nominated in the first place. We've known for months that the stimulus would be a massive, big-spending bill that would go against Gregg's strong fiscal-conservative ideology. But Gregg still eagerly accepted the nomination just a little over a week ago. What's more, since then, the stimulus package has been trimmed down. Why was bipartisanship possible last week, but not this week?

His second reason is his disagreement with the alleged politicization of the Census Bureau. The census is part of the Department of Commerce, but Obama is giving Rahm Emanuel partial control. This makes a little more sense--the census is very politically important as it helps determine congressional districts--but I'm skeptical that this single issue is big enough to get Gregg to walk away. Leaving does nothing to decrease this "politicization"--it actually increases it, because now Gregg will have no say in how the census is conducted.

Matthew Cooper at Talking Points Memo has a more likely reason--Gregg underestimated just how withering the criticism from his GOP colleagues and Granite State residents would be. From the latter, the criticism is over betraying his party; from the former, it's about being "cute" and abstaining from voting on a stimulus package that everyone knew he was against.

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Bleloclorgo of AL @ Apr 04, 2009 05:32:05 AM

I know why

Rats are always the first to leave a sinking ship. The name "republican" doesn't make you one. Just like the fact that Joe Soetoro is what his mama called him. A name in some instances, does not the man make, although you have to wonder about the "hussein" part.

Jeff of WI @ Feb 15, 2009 06:42:51 AM

My Kingdom for a Commerce Secretary!

Listen, if it gets down to it, I'LL be Commerce Secretary. I haven't eluded the IRS and the amount of money I've made in the past 4 years isn't even close to the amount of money hidden by these politicians. Can we find someone who's not a crook or crazy? Maybe not...

http://politic.ology.com/2009/02/12/you-there-ill-give-you-five-bucks-to-be-commerce-secretary/

-Jared J. H. Catapano (ology.com)

Jared J. H. Catapano of NY @ Feb 13, 2009 15:44:25 PM

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Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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