Kentucky Senator Rand Paul (R) on Wednesday took to the Senate floor to call for a vote of no confidence in Treasury Secretary Timothy Geithner, one of the stalwarts of President Barack Obama's administration.

"The current Administration's gross mismanagement of the U.S. economy, at the helm of which has sat Secretary Geithner through financial debacle and decline, must end now," Paul said in a statement.

In August, Paul called for Geithner to resign, claiming he failed to institute policies to curb rising unemployment, prices and debt.

Other Republicans, including presidential candidate Rep. Michele Bachmann (MN), have also called for Geithner to resign but this is the first time anyone has proposed a vote of no confidence. Unlike parliamentary systems, the vote would be purely symbolic.

"What I am asking for today is a vote of no confidence on Timothy Geithner," said Paul from the Senate floor, according to The Hill. "I see no reason and no objective evidence that any of his policies are succeeding."

Immediate action on the vote of no confidence was blocked by Senate Democrats.

Geithner had reportedly considered leaving his position after the debt ceiling deal was approved at the beginning of August, but decided to stay on as Treasury Secretary through 2012.