The Associated Press
HOBBS, N.M. (AP) - Vice President Dick Cheney is canceling a trip to New Mexico today due to turmoil in the financial markets.
Cheney's office says in a statement Friday that he will remain in Washington so he can assist with legislation to provide a federal bailout that the administration hopes will stabilize financial markets.
Cheney was to have traveled to Hobbs for a private fund-raiser for Republican Congressional candidate Ed Tinsley.
Tinsley says the event will go on as planned without Cheney and attendees can ask to have their $1,000 donations returned.
The campaign will ask Cheney to reschedule the event.
There was no immediate response from Tinsley's campaign on the cancellation.