Republican candidate for governor Rory Smith announced Friday afternoon that he's backing out of the race.
The announcement comes just 52 days after the East Greenwich businessman filed paperwork with the state Board of Elections indicating his intent to run.
The announcement reads:
"After spending the last" [...]

Ouch. The Moderate Party takes it on the chin:
PROVIDENCE –– The state Board of Elections has quietly offered to settle a campaign-finance dispute with the newly established Moderate Party of Rhode Island for what may be the largest fine in the board’s history.
State officials have asked [...]