Congress Investigates FCC's Fast-Tracked Approval of Soros' Radio Station Purchase

House Oversight Committee questions expedited FCC process allowing George Soros to acquire over 200 radio stations before the 2024 election.

The House Oversight and Accountability Committee has launched a probe into the FCC's rapid approval of George Soros' purchase of over 200 radio stations.
Republican lawmakers claim the FCC bypassed standard procedures to benefit Soros, a prominent Democrat donor, ahead of the November election.
FCC Commissioner Brendan Carr criticized the expedited review, noting it deviated from established processes, particularly concerning foreign ownership regulations.
Soros aims to acquire Audacy's $415 million debt, making him a significant shareholder in the second-largest radio network in the U.S.
The investigation seeks to determine whether the FCC's actions were politically motivated and if they pose a risk to national security and public interest.