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Trade group CEOs hedge endorsements in close presidential race

t Presidential endorsements by K Street leaders have idled, as more industry groups study the close competition in the race and hedge their bets among the candidates. While many trade association CEOs say in private they sense that their colleagues have coalesced behind Sen. John McCain (R-Ariz.) for president, others are not showing their hand so quickly. Groups like the National Mining Association, which threw early support behind George W. Bush’s campaigns in 2000 and 2004, have not endorsed a candidate this time around. John Damgard, president of the Futures Industry Association, personally donated funds earlier to Fred Thompson and Mitt Romney, but has not contributed… Read More