The University of Mississippi, which will host Friday’s presidential debate at its Oxford, Miss., campus, released a statement Wednesday saying the debate is so far still scheduled to proceed.

Sen. John McCain (Ariz.), the GOP presidential nominee, has called for canceling the debate and focusing on legislation to address the nation’s financial crisis. Sen. Barack Obama (Ill.), the Democratic nominee, on Wednesday rejected scrapping the debate.

“The University of Mississippi is going forward with the preparation for the debate,” the statement reads. “We are ready to host the debate, and we expect the debate to occur as planned. At present, the University has received no notification of any change in the timing or venue of the debate. We have been notified by the Commission on Presidential Debates that we are proceeding as scheduled.”