Senator-Elect Warren Forms Political Action Committee

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

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.