Christie launches PAC in significant step toward White House run

New Jersey Gov. Chris Christie has taken a major step toward a run for president in 2016, forming a political action committee that will allow him to raise money for a possible White House bid.

The creation of the committee, called Leadership Matters for America, was confirmed to Fox News by a Christie adviser. The paperwork was filed Friday before his address over the weekend to the Iowa Freedom Summit, a conservative gathering in Des Moines.