Pat McCrory

McCrory Finally Concedes In North Carolina

North Carolina Gov. Pat McCrory (R) announced that he’s conceded the election to Attorney General Roy Cooper (D) and will support transition efforts, the Raleigh News & Observer reports.

Said McCrory: “It’s time to celebrate our democratic process and respect what I see to be the ultimate outcome of the closest North Carolina governor’s race in modern history.”

McCrory Backtracks on New Bathroom Law

North Carolina Gov. Pat McCrory (R) “issued an executive order that changes two provisions in the controversial LGBT-protections law, and reaffirms private sector and local government rights to enact their own non-discrimination policies,” the Raleigh News & Observer reports.

“The law has led to substantial opposition from major companies, and hundreds of quantifiable lost jobs.”

However, the “most controversial part of the new law, requiring people use bathrooms of their sex at birth and not their gender identity, remains intact.”

Washington Post: “If this saga has gone terribly for McCrory, it’s been great for Democratic Attorney General Roy Cooper, who is trying to unseat McCrory.”

McCrory, Sanford Took Payments from Corrupt Lender

Soon after taking office, North Carolina Gov. Pat McCrory (R) and Rep. Mark Sanford (R-SC) “accepted six-figure stock payouts from an online mortgage broker accused by regulators of deceiving its customers,” the AP reports.

“The two Republicans served as directors at Tree.com, the Charlotte-based corporate parent of the website LendingTree. As board members, they were entitled to large chunks of restricted company stock if they held their positions long enough. Both resigned after their election victories, which would have rendered their unvested stock worthless had the board not taken special action to provide them early payouts.”

The payments were not fully described in their ethics statements and their timing and total value are only being revealed now.