WASHINGTON — L. Brent Bozell III has resigned as president of the controversial National Conservative Political Action Committee amid reports that the group is more than $4 million in debt.
In a statement issued Monday, Bozell attributed his decision to a policy dispute but he did not provide specifics. He said he expected to found a new organization, Media Research Center, and expected several members of the NCPAC staff to join him.
Bozell became NCPAC chairman after the death of committee founder Terry Dolan on Dec. 28. Bozell will be replaced by Maiselle Shortley, Dolan's sister, who has been on the board of directors.
Bozell also left his post as head of the committee's sister organization, the National Conservative Foundation. He said in a statement: "Several members of the NCPAC and NCF board want to take these organizations in a direction with which I strongly disagree. I believe the results will be detrimental to the future of the organizations."