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BY Devin Varsalona | February 19, 2008

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The Federal Election Commission tells Republican John McCain that he cannot forgo primary matching funds until he assures the agency that he did not use the promise of those funds as security for a $4 million campaign loan from Fidelity & Trust Bank. The McCain campaign says the FEC has no right to stand in the way of its early February decision to withdraw from the federal matching system, the Associated Press reports.

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