Independent Candidate Angus King Defends Bank of Maine

Updated 2 years ago

Independent U.S. Senate candidate Angus King has expressed support for The Bank of Maine, where he once served on the board of directors, and which was criticized by federal regulators for “unsafe and unsound” practices. King said Monday during a tour of Kennebec County that he stepped down in April after 18 months on the board to avoid any potential conflict of interest and also to give him more time to campaign. He tells the Kennebec Journal, the practices that drew the criticism have been corrected. The former governor was criticized by the Maine Republican Party for his role on the board, which the party said was an example of his “record of financial mismanagement.” King is facing Republican Charlie Summers and Democrat Cynthia Dill in the general election.


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