Gregg withdrawal latest Obama cabinet embarrassment

Sen. Judd Gregg (R-NH), who says he's always been a strong fiscal conservative, evidently doesn't think much of Barack Obama's boondoggles. Gregg backed out of serving as Barack Obama's Commerce secretary this afternoon.

That makes him Obama's third cabinet withdrawal. Obama's first pick for Commerce, New Mexico Governor Bill Richardson, had to pull his name because of a "pay-to-play" scandal within his administration. Former Sen. Tom Daschle (D-SD) was compelled to stay in private life after some tax issues became public.

Another Obama cabinet pick, Timothy Geitner, did manage to move into the Treasury office after his own tax troubles were revealed.

Obama is cabinet-challenged.

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