Republican lawmakers on Monday ratcheted up the investigation into billionaire George Soros’ purchase of a wide swath of U.S. radio stations.
The deal began when the large radio company Audacy filed for bankruptcy.
Via a complicated business deal, Soros gained control of the stations.
“By all appearances, the FCC majority isn’t just expediting, but is bypassing an established process to do a favor for George Soros and facilitate his influence over hundreds of radio stations before the November election,” the letter added.
Soros is a major donor to Democratic and liberal causes whose purchase of American radio stations just before the election raised eyebrows and drew Congressional inquiry.
That letter, which was signed by about 40 Republican lawmakers, is the latest Congressional scrutiny of Soros’ purchases.
“Despite the unprecedented nature of this action, the FCC majority has apparently decided to approve licenses on an accelerated timeframe for a company in which George Soros has a major ownership stake, and with stations in 40 media markets reaching ‘more than 165 million Americans,’” the letter said.
https://www.thecentersquare.com/national/article_132775a8-84d7-11ef-955e-a773e2648ab8.html
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