Centrist group No Labels sets up panel to select third-party presidential ticket

No Labels is taking another step toward forming a bipartisan presidential ticket in November's general election, as the centrist group launched a committee to vet candidates

"Today, No Labels is taking the next step toward providing it by announcing our process to choose the candidates for a unity ticket," former Sen. Joe Lieberman, a No Labels founding co-chair, said in a statement Thursday.

Lieberman, the 2000 Democratic vice presidential nominee who ran for the party's 2004 presidential nomination before becoming an independent a couple of years later, will be part of a panel called the Country Over Party Committee, which will vet potential contenders.