» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 36 | Tuesday, February 22, 2011

Cabinet Members Disclose Potential Conflicts

AP

Print | Front Page | Email this story | Comments ()

NASHVILLE, Tenn. (AP) — Two new cabinet officials have investments that could cause conflicts with their duties to the state.

A review of disclosure statements by The Tennessean found Department of General Services head Steve Cates holds stakes in utilities; an equipment leasing firm; and one of the world's largest makers of air conditioners, elevators and fire and security systems.

Richard Roberts, who will lead the Department of Revenue, holds investments in many companies that operate in Tennessee including banks, energy companies, insurers and an airline.

Although the officials have to disclose the sources of their income, they do not have to disclose how much they earn. That's because of a policy change by Gov. Bill Haslam first reported by The Associated Press.

Both men said through spokeswomen that they will act with integrity.

___

Information from: The Tennessean, http://www.tennessean.com

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 296 17,839
MORTGAGES 83 360 20,786
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 161 671 36,487
BANKRUPTCIES 46 192 11,874
BUSINESS LICENSES 16 96 5,656
UTILITY CONNECTIONS 28 175 12,208
MARRIAGE LICENSES 32 92 4,449

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.