Gregg pushes for stimulus one day after nomination

Sen Judd Gregg (R-NH) on Wednesday offered public support for the Obama administration's stimulus package, one day after the fiscal hawk was nominated as Commerce secretary. "I've been supportive of a very robust stimulus package since day one," Sen Gregg said during an appearance Wednesday morning on CNBC. "The only group that has liquidity around here is the federal government." Sen Gregg, who said he would recuse himself from a vote on the package, pledged to stick to his fiscally conservative principles in Obama's administration. Sen Gregg said President Obama had asked him specifically to serve as Commerce secretary to help address entitlement reform.