A Super PAC Forms to Support No Labels

A political group intending to support a presidential candidate run by the group No Labels plans to file paperwork with the Federal Election Commission on Wednesday, with a handful of Republican and Democratic strategists as advisers.

The group, New Leaders ’24 political action committee, expects a No Labels ticket to materialize this year. No Labels has said it would mount a campaign if President Biden and former President Donald J. Trump are their parties’ nominees, in a rematch of the 2020 campaign that is increasingly likely.

The group will be advised by Rob Stutzman, a Republican and former deputy chief of staff to Arnold Schwarzenegger during his governorship as well as an adviser for Mitt Romney’s 2008 presidential campaign. Kathleen Shanahan, a Republican and former chief of staff to Jeb Bush during his governorship, will be the chief executive, and Andrew Fishman, whom the group identified as a Democrat and who has a business background, will serve as treasurer, Mr. Stutzman said.

Officials said they had $2 million in initial commitments, but they expect up to $300 million if there’s a “viable” ticket.

It remains to be seen whether No Labels, which counts former Senator Joe Lieberman of Connecticut and Larry Hogan, the former Republican governor of Maryland, among its leadership, will find what it calls a unity ticket to run in 2024. Senator Joe Manchin of West Virginia, who recently said he would not seek re-election, has suggested he is considering a presidential campaign, and he is seen as a top potential candidate by some in the group.

A super PAC is necessary, officials say, because No Labels, which doesn’t have to disclose its donors, can’t operate as a campaign committee and is focused only on trying to ensure