Krane later turned to politics and eventually announced his candidacy for the Presidency. It was widely believed that he would win the election and would name his agent, Beth Pernell, as his running mate. In fact, Krane, finding Pernell's ruthless policies and ambitions abhorrent, planned to record a speech denouncing her. When Pernell discovered this, she had Hans Stengard shoot him in the head. His death was reported as a suicide and a tribute broadcast was planned to air a week later.