Republican lawmakers on Monday ratcheted up the investigation into billionaire George Soros’ purchase of a wide swath of U.S. radio stations.
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.
The deal began when the large radio company Audacy filed for bankruptcy. Via a complicated business deal, Soros gained control of the stations.
Notably, House Energy and Commerce Committee Chair Cathy McMorris Rodgers said in a release Monday that the deal would include "25% of the company being indirectly foreign owned,” something that normally would trigger Federal Communications Commission review.
However, that review was waived, fast tracking the deal. READ FULL ARTICLE