In an unexpected move that happened just hours ago, Senator John McCain suspended his presidential campaign to work on legislation that concerns the financial crisis on Wall Street. The announcement came after a morning phone call with fellow presidential candidate Senator Barack Obama, in which Obama entreated McCain to compromise and issue forth a joint statement to the government outlining their shared principles on the Treasury proposal.

McCain announced his decision to suspend his campaign a few hours ago. He has requested that Friday's presidential debate be postponed. As of this afternoon, Obama has not officially announced that he too will postpone his campaign.