MORGANTON, N.C. - (09/02/04) Anne Fischer, the embattledDemocratic candidate for the states 10th congressionaldistrict, said she wont pull out of the race despite demandsfrom party officials after State Employees CU foreclosed on herhouse and she lost her job. The 58-year-old Fischer said she isliving with her campaign treasurer for the time being and plans totake on Republican State Rep. Patrick McHenry, who was declared thewinner this week in last months run-off with creditunion-backed David Huffman, by just 85 votes. Federal electionrules allow a party to demand a candidate to withdraw from a racefor criminal or financial malfeasance, which is why DemocraticParty leaders have demanded Fischers withdrawal from therace.
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A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
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The payment company has made a series of moves to bolster its stablecoin and other coins to build a market for digital assets. Its Links feature adds to the strategy.
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A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.
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