The Biden-Harris Federal Communications Commission (FCC) approved a deal to fast-track far-left billionaire George Soros’s acquisition of over 200 radio stations—just weeks before the 2024 election.
The details: The FCC voted along party lines, with its three Democrat commissioners in favor and two Republicans voting against allowing Soros to skip a required comprehensive national security review that usually takes about a year to complete.
- Under typical FCC rules, foreign ownership of U.S. radio stations cannot exceed 25 percent. While Soros holds U.S. citizenship, he took foreign investment to fund this purchase.
Zoom out: The FCC’s decision to fast-track Soros’s purchase is the first time in history that it has been allowed.
The scale: The acquisition of Audacy would give Soros control of over 200 radio stations spanning 40 U.S. markets, with a reach of more than 165 million Americans.
The politics: Soros is a bad dude who has given millions to progressive causes, including funding district attorneys who prioritize soft-on-crime policies that have devastated American cities.
Zoom out: George Soros’s son Alex has visited the Biden White House at least two dozen times. And he was photographed with Kamala’s running-mate Tim Walz this week.
Worth noting: The FCC spokesman stated, “No decision is final until officially released,” pushing back against fast-track allegations.
Big picture: Audacy controls some of the biggest conservative radio shows, including Sean Hannity, Dana Loesch, Mark Levin, Glenn Beck, and Erick Erickson. Soros isn’t looking for an investment opportunity with this purchase. He’s looking to control your access to information.