Soros Acquires 200 Radio Stations, FCC and House Republicans Demand Answers

Oct 8, 2024, 06:59 PM

George Soros, a prominent Democratic donor, has acquired a stake in over 200 U.S. radio stations through Audacy Inc. This acquisition, which occurred just weeks before the 2024 presidential election, has sparked significant controversy. House Republicans, led by Chair Cathy McMorris Rodgers and the House Commerce Committee, are demanding answers from the Federal Communications Commission (FCC) regarding the decision to allow the transaction. Concerns have been raised about the FCC's lack of transparency, the potential national security implications of the deal, and the waiving of critical security reviews. FCC Commissioner Brendan Carr has criticized the FCC for bending rules and breaking protocols to fast-track the approval of the Soros-backed fund's acquisition.