U.S. Sen. Richard Burr is opposing the nomination of a new Treasury secretary.
The Winston-Salem Republican said in a statement that he has given "the benefit of the doubt" to President Barack Obama's Cabinet nominations so far and he has been pleased with many of them.
But he said he was troubled by nominee Timothy Geithner's tenure on the New York Federal Reserve, especially his support for what Burr called the "ill-conceived" proposed merger of Citigroup and Wachovia.
"During his tenure at the New York Federal Reserve, Mr. Geithner was a leading participant in many late-night, closed-door deals made between major financial institutions and the federal government," Burr said in a statement.
In addition, Burr said he was troubled by Geithner's failure to pay self-employment taxes while working for the International Monetary Fund.




Re: Burr opposes Geithner nomination
So our newest Senator Kay Hagan voted to confirm a tax cheat - in lock step with her Democrat leaders - and isn't this what Senator Dole was criticized for?
She already flip-flopped on voting for more bail out money. Is she also going to vote for this stimulus bill that includes?
More money on sod ($200M) for the mall than for small business tax credits ($50M),
More money for contraceptives – so we have less tax payers in the future funding social security – why are we paying for abortions in foreign countries when we can’t pay our credit card bills here?
Money for ACORN for more democrat voters
$50M for the Endowment for the Arts – more poetry, more crucifixes’s in a cup of urine?
Money to build zoos, casinos, museums, etc.
$350M for STD prevention
We definitely know who she is lock step in line with - and it is not the citizens of NC.