December 26, 2012

Sen.-elect Warren of Mass. forms PAC

The Associated Press

BOSTON — Massachusetts Sen.-elect Elizabeth Warren has formed her own political action committee.

click image to enlarge

FILE - In this Thursday, Nov. 8, 2012, file photo, U.S. Sen.-elect Elizabeth Warren, D-Mass., left, faces reporters as Mass. Gov. Deval Patrick, right, looks on during a news conference at the Statehouse, in Boston. Senate Majority Leader Harry Reid wants Massachusetts Sen.-elect Elizabeth Warren to join the Banking Committee. A Senate Democratic official confirmed Tuesday, Dec. 4, 2012, that Warren's appointment was likely, but cautioned nothing was final until the Democratic caucus approves the move. The official spoke on condition of anonymity because no announcement has been made.(AP Photo/Steven Senne, File)

AP

Warren's "PAC for a Level Playing Field," has yet to report any contributions according to the Federal Election Commission.

Many members of Congress form so-called "leadership PACs" to support candidates for various federal and nonfederal offices.

The FEC defines a leadership PAC in part as a political committee established, financed, maintained or controlled by a candidate or federal officeholder.

Warren, who takes office next month, raised tens of millions of dollars in her successful effort to unseat Republican Sen. Scott Brown — the most expensive election in Massachusetts history.

Warren can now use her fundraising prowess to help other candidates she supports.

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