Pence Launches 'Presidential Bid'... Independent Organization to Be Established

Former U.S. Vice President Mike Pence
[Image source=EPA Yonhap News]

[Asia Economy Reporter Cho Hyun-ui] Mike Pence, former U.S. Vice President and a leading Republican candidate for the next presidential election, is gearing up for a presidential bid by forming a policy-related fundraising committee.

NBC News reported on the 31st of last month (local time), citing multiple sources, that Pence is planning a political future without former President Donald Trump.

He is expected to announce the launch of a nonprofit social welfare organization within this month. NBC News explained, "This organization will serve to further strengthen his conservative philosophy."

Such nonprofit organizations cannot directly engage in campaigns but can attract millions of dollars from anonymous donors. For former Vice President Pence, launching an independent organization allows him to step into the fundraising world in preparation for the 2024 presidential election while establishing a foundation to maintain relationships with supporters.

NBC News predicted, "He is expected to fully enter the next presidential race starting with supporting gubernatorial elections during the 2022 midterms."

After President Joe Biden’s inauguration, former Vice President Pence left Washington D.C. and is currently staying in his home ground, Indiana. Since he does not own a personal residence, he has been living in temporary accommodations and plans to purchase a home in Indiana in the second half of this year.

Pence, who was the second-in-command during the Trump administration, was considered a staunch loyalist over the past four years but turned his back on former President Trump, who continued to contest the election results, ultimately breaking ties near the end of his term.

This content was produced with the assistance of AI translation services.