Facebook to form its own PAC to back political candidates

Facebook filed paperwork to start its own political action committee.

"FB PAC will give our employees a way to make their voice heard in the political process by supporting candidates who share our goals of promoting the value of innovation to our economy while giving people the power to share and make the world more open and connected," said a spokesman. Creating a PAC is just the latest step in Facebook's continued expansion of its presence in Washington, but this is the first time the firm will back candidates.