Stephen Colbert handed over the direction of the Colbert Super PAC to Comedy Central colleague Jon Stewart. Colbert then announced the establishment of a exploratory committee "for my possible candidacy for president of the United States of South Carolina."
The segment included a cameo by Trevor Potter, Colbert's Super PAC lawyer and a former Federal Elections Commission chairman. Potter answered the legal questions involved in the Super PAC transfer and assisted with the paperwork. See video below.