Former Massachusetts Gov. Mitt Romney, who dropped out of the presidential race, was the keynote speaker at the Maine GOP Convention Friday. At a press conference before his speech, PolitickerME.com got a chance to speak with him about his future plans.

Romney said he is starting up a Political Action Committee, or a similar entity. He is still hashing out the details with his lawyers.

He said the PAC will allow him to support and campaign for candidates who supported him in his presidential bid. It will also allow him to contribute to them financially.

“I expect it to be pretty modest in scope,” Romney said. “It’s a pretty standard approach for people who want to be involved in helping other candidates get elected.”

We then asked him about campaign finance. He said there is no good way to deal with the influence of money in politics. Right now, he said, the best way to approach the situation is through transparency and disclosure of donations.

Romney said he does not support publically funded elections, and helped abolish them in Massachusetts when he was governor. He said he is not familiar with Maine’s Clean Elections Act.

See below for video of him discussing these two topics.