From The Wall Street Journal

Republican Leaders Forming New Political Group

By Susan Davis

At least half a dozen leaders of the Republican Party have joined forces to create a new political group with the goal of organizing grass-roots support and raising funds ahead of the 2010 midterm elections, according to people familiar with the effort.

The organizational details of the group, expected to be called the American Action Network, are still being worked out, but it is expected to contain both a 501(c)3 and a 501(c)4 component. In simpler terms, a 501(c)3 can advocate on policy matters while a 501(c)4 is an election arm.

Republican leaders expected to be affiliated with the group include former Minnesota Sen. Norm Coleman, former Florida Gov. Jeb Bush, Mississippi Gov. Haley Barbour, former Bush adviser Karl Rove, Republican strategist Ed Gillespie, and Republican donor Fred Malek.

A House leadership aide told Washington Wire today that Rob Collins, a political operative and senior aide to House Minority Whip Eric Cantor of Virginia, is leaving Capitol Hill to be the executive director of the 501(c)4.

People familiar with the group said the American Action Network sprung in part out of an unsuccessful effort last year by Republicans called the National Council for a New America which was intended to help redefine the tarnished party brand after the 2008 elections.

Party leaders have found renewed buoyancy following a series of recent election victories and as Republicans stand poised to make further gains in the 2010 elections.

However, Republicans have faced difficulties in recent years to create outside groups to compete with Democratic counterparts like MoveOn. A recent example of those unsuccessful efforts was Freedom’s Watch, a group operated by former Bush administration aides, which sought to be a major player in the 2008 campaign cycle but failed to make a significant impact. It also faced financial and organizational difficulties and closed its doors after the 2008 elections.