Harry Reid yesterday said McCain's help with the financial crisis was essential. According to a McCain adviser:

"Yesterday, Harry Reid said that consensus couldn't be achieved without John McCain's leadership. John stepped up and is providing that leadership.

A Democrat tells ABC News that, in a phone call late this afternoon, Senate Majority Leader Harry Reid, D-Nev., told Sen. John McCain, R-Ariz., that it would NOT be helpful for him to come back to Washington, D.C., to work on the Wall Street bailout bill.

McCain this afternoon suspended his campaign and said he would skip the first presidential debate in order to return to Capitol Hill to work on the log-jammed Bush administration legislation, which, as of Wednesday afternoon, was in peril.

McCain had phoned Reid to ask about the prospects of him, Sen. Barack Obama, D-Ill., and others to sit down and work together on hammering out a bipartisan proposal.

"Sorry," Reid said to him, a Democrat close to Reid says.

Cross Posted at Power and Control