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Tuesday, February 3, 2009

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Commerce nominee a 'stimulating' pick

Sen. Judd Gregg speaks at a press conference

President Obama is set to announce New Hampshire Republican Sen. Judd Gregg as his choice for Commerce Secretary today. By choosing Gregg, Obama may be hoping to soften GOP resistance to his stimulus plan. Nancy Marshall Genzer reports.

U.S. Sen. Judd Gregg (R-N.H.) speaks to the media at a press conference on Capitol Hill in Washington, D.C. (Brendan Hoffman/Getty Images)

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TEXT OF STORY

RENITA JABLONSKI: President Obama is set to announce his choice for Commerce Secretary today -- New Hampshire Sen. Judd Gregg. Gregg happens to be a Republican that MoveOn.org has been targeting in a campaign for the President's stimulus package. Marketplace's Nancy Marshall Genzer reports.


NANCY MARSHALL GENZER: Sen. Gregg currently serves as the top Republican on the Senate Budget Committee. He has a reputation as a fiscal conservative. Still, he was one of a handful of Republicans who voted to release the second half of the $700 billion bailout package. Now President Obama wants Congress to approve his stimulus package. MoveOn.org wanted to be sure Gregg would support that, so he was among a group of senators targeted with ads.

ANNOUNCER FROM AD: Tell Sen. Gregg to support the Obama plan for jobs, not the failed policies of the past.

If confirmed as Commerce Secretary, Gregg will be expected to carry a similar message to Senate Republicans. Obama may use him to soften GOP resistance to his plan.

In Washington, I'm Nancy Marshall Genzer for Marketplace.

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