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Mike Pence is reportedly making plans to form a political committee

Yelena Dzhanova
·2 min read
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mike pence
Vice President Mike Pence at a joint session of Congress to certify the 2020 Electoral College results on January 6. Erin Schaff/AFP via Getty Images
  • Mike Pence is expected to announce a new political committee within weeks, NBC News reports.Â

  • By starting a 501(c)4 organization, Pence could maintain useful donor relationships.

  • Pence is said to be considering a 2024 presidential run.

  • Visit Business Insider's homepage for more stories.

Former Vice President Mike Pence is said to be making plans to form a political committee, signaling his intention to remain a relevant political player after serving in the Trump administration.

NBC News says Pence will announce the move in the coming weeks.

The political committee would be a 501(c)4 organization that is allowed to participate in politics through purchasing ads, for example. These types of organizations are classified as social-welfare nonprofits, according to the IRS, and must not spend more than half of their funds on political ventures.

The goal of the 501(c)4 would be to outline and push Pence's "consistent conservative philosophy," an unnamed source told NBC News.

By starting a 501(c)4, Pence would be able to maintain significant relationships with GOP donors that might prove beneficial for future campaign-related ventures, NBC News reported.

Read more: Meet Trump's next nemeses: the 15 prosecutors and investigators from New York who are primed to pepper the ex-president with history-making civil and criminal probes

Pence is believed to be considering a 2024 presidential run.

After attending President Joe Biden's inauguration, Pence and his wife, Karen, were seen vacationing in St. Croix.

Since then, the two appeared to be couch surfing through Indiana. As Business Insider's Tom LoBianco reported, a Trump advisor said Pence had neither a home nor a job after leaving office.

Before Pence left the White House, tensions were high between him and President Donald Trump. Ahead of the January 6 congressional process to certify the results of the 2020 presidential election, Pence faced mounting pressure from Trump and GOP lawmakers to overturn the results.

"I hope Mike Pence comes through for us, I have to tell you," Trump said at a Georgia rally days before the certification was to take place.

"Of course, if he doesn't come through, I won't like him quite as much," Trump added.

Throughout the four years of Trump's term as president, Pence was fiercely loyal to him.

Pence, however, defied Trump's wishes and did not seek to overturn the results of the election, which he had no legal authority to do in the first place.

The decision led to tension between Pence and Trump that could affect the outcome of a 2024 run. With the move, Pence might have lost out on support from within Trump's base, Insider's John Haltiwanger previously reported.

Read the original article on Business Insider