- Hungarian-born philanthropist George Soros is spending big in 2024 cycle
- Millions flow to congresspeople, pro-choice causes and black candidates
- READ MORE: Soros poised to run 220 radio stations via $400M Audacy bailout
The billionaire George Soros has donated $60 million to Democracy PAC, a super political action committee he uses to support Democrats, the second-biggest campaign donation in the 2024 election cycle.
A nonprofit founded and funded by Soros gave cash to boost the campaigns of congressional Democrats, pro-choice campaigners and black candidates in down-ballot races, a filing with the Federal Election Commission shows.
Democracy PAC spread $21 million to a dozen super PACs in the first quarter, including $4 million donations to both the House Majority PAC and the Senate Majority PAC.
It gave $2.5 million to Planned Parenthood Votes, and the same sum to Black PAC, which boosts candidates in state-level races for governors, attorneys general and lawmakers.
Hungarian-born US investor and philanthropist George Soros is spending big this campaign season
Americans for Contraception Victory Fund, which runs awareness campaigns, received $500,000
Soros’ group is among the political organizations, including super PACs and joint fundraising committees that support President Joe Biden and his Republican rival Donald Trump, that have to disclose their first-quarter finances this week.
Other donations by Democracy PAC’s include $500,000 for Americans for Contraception Victory Fund and $1.8 million for American Bridge, which has pledged to spend $140 million to help reelect Biden.
The $60 million donation from Soros’ group, called the Fund for Policy Reform, is the second largest so far in the 2024 election cycle.
A state-level PAC that backed Florida Governor Ron DeSantis’ 2022 reelection donated $82.5 million to Never Back Down, which backed his unsuccessful Republican presidential bid.
It’s also not the single biggest check Soros has written to a political committee ever.
He gave Democracy PAC $125 million in January 2022.
Democracy PAC started the second quarter with $39 million in the bank.
Soros’ fortune is worth about $7.2 billion, according to the Bloomberg Billionaires Index.
The 93-year-old Hungarian-born businessman’s massive donations to left-wing causes and efforts to change public opinion alarm many conservatives.
Soros money finances campaigns to unseat anti-abortion politicians
Soros money has been used in campaigns against Connecticut state senator George Logan
The Democracy PAC donation comes as Soros Fund Management, another vehicle for the investor, is expanding into the US radio industry.
The group plowed more than $400 million into flailing radio company Audacy and its more than 220 stations nationwide in February, and looks set to expand further into audio content.
Three people involved in discussions with Soros executives told Semafor that the Audacy move was the start of a larger audio-buying spree.
This has stoked fears of an ultra-progressive billionaire having a megaphone in the 2024 election.
Super PACs that back GOP candidates are also disclosing first quarter financial results.
The Senate Leadership Fund, which backs Republicans, raised $27 million and ended the first quarter with $60 million cash on hand.
Citadel’s Ken Griffin gave it $7.5 million, while energy industry companies and executives gave millions more.
Occidental Petroleum Corp. gave $2 million, Chevron Corp. and Trevor Rees-Jones, the billionaire owner of Chief Oil & Gas LLC each gave $1 million, and the American Petroleum Institute gave $1.5 million. Venture capital firm Andreessen Horowitz gave $250,000.
Read more
News Related
-
Anyone who’s purchased gift baskets to hand out to loved ones this holiday season might need to find a backup present after the latest food recall that involves festive cookies. Gift basket company Wine Country Gift Baskets just announced that it is voluntarily recalling all gift baskets that feature Acorn Baking ...
See Details:
Recall Just Announced For Popular Cookies Featured In Holiday Gift Baskets
-
LOS ANGELES: Quarterback Jalen Hurts ran in an overtime touchdown to give the Philadelphia Eagles a 37-34 NFL win over the Buffalo Bills Sunday (Monday in Manila) and move them to 10-1 on the season. The Eagles, who lost the Super Bowl to Kansas City last season, trailed at half-time ...
See Details:
Eagles rally past Bills in overtime as Chiefs win
-
Yen Makabenta First word WHILE UN Secretary-General Antonio Guterres and other promoters of the climate emergency are preparing to convene the 28th conference of the parties (COP28) of the UN Framework Convention on Climate Change (UNFCCC) in the United Arab Emirates, starting on November 30 and stretching to December 12, ...
See Details:
Reality bites the green energy agenda
-
Sandigan orders Marcos Sr. pal to pay workers The Sandiganbayan has ordered the enforcement of a July 2023 ruling ordering a Marcos Sr. associate to pay a lumber company’s workers P2.1 million in damages as well as return 60 percent of their company’s shares and pay all unpaid benefits. The ...
See Details:
Sandigan orders Marcos Sr. pal to pay workers
-
DSWD: Shear line, LPA affect 1.2 million people; over 18,000 families evacuated MANILA, Philippines – More than 18,000 families have fled to evacuation centers across flood-affected regions in the country due to the impact of the shear line and low pressure area. Department of Social Welfare and Development (DSWD) gave ...
See Details:
DSWD: Shear line, LPA affect 1.2 million people; over 18,000 families evacuated
-
-
MANILA, Philippines: The entire Luzon, including Metro Manila, is expected to experience isolated rain showers and thunderstorms as the northeast monsoon (“amihan”) and easterlies will be affecting the country over the next 24 hours, the state-run weather agency said on Tuesday. Weather specialist Patrick del Mundo of the Philippine Atmospheric ...
See Details:
Rain showers, thunderstorms over Luzon, including Metro Manila — Pagasa
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
'Naruto' live-action film adaptation is in the works
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
NASA Highlights Stingray Nebula
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
Manila's Lagusnilad underpass opens
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
China probes debt-ridden financial giant
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
China's VUCA situation
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
Unraveling the mystery that is diabetes
-
Attention, Naruto fans! You can soon watch the famous anime’s live-action adaptation as it finally has a confirmed writer. According to a Variety report, the beloved manga and anime series is set to head to big screens for its live-action adaptation under Lionsgate. It will be written by Tasha Hao, ...
See Details:
Bangladesh's nuke plant is not going to steal PH investments
OTHER NEWS
ALIW Awards Foundation Inc. President Alice H. Reyes has released the names of finalists for the 2023 Aliw Awards to be presented on Dec. 11, 2023, at the Manila Hotel ...
Read more »
WhatsApp Web gains the feature of single-view photos and videos (Photo: Unsplash) The WhatsApp Web, the desktop version of the popular messaging app from Meta, has received an update allowing ...
Read more »
Young athletes’ time to shine in Siklab Awards MANILA, Philippines — The future heroes of Philippine sports will be honored during the third Siklab Youth Sports Awards on Dec. 4 ...
Read more »
Graphics by Jannielyn Ann Bigtas A local government official said Monday that five to 10 barangays in Northern Samar are still isolated following the massive flooding in the area last ...
Read more »
DyipPay app lets you pay jeepney fare, book tricycles “Barya lang po sa umaga.” Everyone who rides jeepneys knows this rule: it may not be an actual law, but it’s ...
Read more »
Updated In-Season Tournament Bracket ahead of pool play finale Tuesday will mark the last day of pool play for the inaugural NBA In-Season Tournament. From there, six first-place teams and ...
Read more »
PCG forms teams for maritime emergency response MANILA, Philippines — Recent incidents of fishermen lost in the waters off Southern Tagalog have prompted the Philippine Coast Guard (PCG) to form ...
Read more »