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Hagan mulling action on U.S. attorney

THINKING ABOUT IT: Sen. Kay Hagan said Wednesday that she has not decided whether to hold up the confirmation of a new U.S. attorney to give the Republican appointee who now holds the position time to complete his inquiries into two high-profile Democrats. (N&O)

NEW FUND: State Treasurer Janet Cowell is starting a $250 million equity fund to invest in North Carolina companies with two goals in mind: make money for the state pension fund and create jobs in North Carolina. (N&O)

CHECK IN THE MAIL: Charlotte-based Bank of America said it is set to repay all of its $45 billion in government aid, a step that helps remove the stigma of being a bailout recipient and dials back government scrutiny of its operations. (Charlotte Observer)


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Re: Hagan mulling action on U.S. attorney

Senator Hagan should definitely put this confirmation process on hold until George Holding completes his investigation, provided, however, that he can assure her that he is conducting his investigation with all reasonable speed. Replacing Holding now would definitely give the appearance of impropriety. In this case I think it's wise to exercise an abundance of caution so that no one can reasonably question Senator Hagan's integrity or the integrity of the nominee.

If, however, Hagan believes that Holding is dragging this investigation out for political advantage in the 2010 cycle, she should make that case publicly and replace the old, partisan fellow.

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