U.S. Senate Race: Hendrix out, endorsing Neal
John Ross Hendrix, a candidate for U.S. Senate as a Democrat, is dropping out of the primary and endorsing Jim Neal.
"I think Jim Neal can do an effective job," Hendrix said. "He has my full endorsement and support."
A major factor in his decision to drop out was a lack of fundraising support, Hendrix said.
Neal, a Chapel Hill investment banker, is one of two leading Democratic contenders. The other is Greensboro state Sen. Kay Hagan.
Hendrix said that endorsing Hagan was never an option in his mind.
"I examined Kay Hagan's record as a state senator early on and decided there was absolutely no way I could support her," Hendrix said.
Hendrix said he now plans to run in 2010 against Sen. Richard Burr.