Saturday, January 14, 2012

Colbert preps prez run, transfers PAC to Stewart - Yahoo! News

NEW YORK (AP) — Stephen Colbert isn't running for president — at least not yet.

During Thursday night's episode of "The Colbert Report," Colbert legally transferred his super political action committee to his friend and Comedy Central cohort Jon Stewart. Dropping by from "The Daily Show," Stewart happily signed the documents and accepted the post, which was ceremonially observed by the two holding hands and bodily transferring the PAC powers.

The move potentially paves the way for Colbert to enter the Republican presidential primary in South Carolina, his home state. Campaigning politicians are prohibited from simultaneously running super PACs.

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