Saturday, July 11, 2020

Soros Launches New Super PAC

Billionaire George Soros has established a super PAC to keep President Donald Trump from winning re-election. 

The 88-year-old liberal megadonor intends to use his newly established Democracy PAC to fund political organizations and advocacy groups better. 

Per the New York Post:
 

” He has, unlike Tom Steyer or [Michael] Bloomberg, funded things like Senate Majority PAC and Priorities USA and EMILY’s List and Planned Parenthood and expects to continue to do so,” a person familiar with the new organization told Politico.

The $5.1 million check more than doubles the $2.1 million Soros gave to political causes during the same point in the 2016 presidential election.

He became one of the Democratic Party’s largest individual donors, giving more than $20 million.

Other members of the Soros family, including his son Alexander Soros, a philanthropist who founded the Alexander Soros Foundation and who’s also become a major Democratic donor, might also contribute to the Democracy PAC, Politico reported.

 
AAN Staff
AAN Staff
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