Senator John McCain has suspended his campaign.
He has also asked for a postponement of the debate scheduled for Friday (on Foreign Policy, set for Oxford, Miss.)
He has asked Senator Barack Obama to also suspend his campaign.
He reasons that the "historic" crisis on Wall Street should lead both candidates to focus on the economy for a bit instead of campaigning. It is possible that he wishes for time to have a big hand on the 700 Billion dollar bailout being crafted in the Senate because Republicans are largely being punished in the polls for the crisis.
Barack Obama has spoken and he has let the American people know that he will NOT be suspending his campaign so far and that he wishes to keep the debate on Friday going because there's only 40 days left until the election.
The White House and many Senate Republicans are applauding the move by John McCain and his call for bipartisan compromise to get the bailout passed as early as possible.
In response to the question about if he would consider participating in the debate if the bailout passes on Friday, his answer was "Yes".
More UPDATES AS THEY BECOME AVAILABLE.
McCain suspends campaign, calls for Obama to do same - CNN
McCain Suspending Campaign, Asks for Debate Delay - Washington Post
McCain to 'Suspend' Campaign Amid Crisis, Return to D.C. - Wall Street Journal
McCain seeks to delay Friday's debate - MSNBC