By AP
Nashville, TN – Two of Tennessee Governor Bill Haslam's 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 security systems. Revenue head Richard Roberts 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 Governor Haslam. Both men say they will act with integrity.