Posted on 10/11/2024 9:17:14 AM PDT by DFG
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.
Rodgers led the lawmakers in a letter to FCC Chair Jessica Rosenworcel demanding answers on the issue. That letter, which was signed by about 40 Republican lawmakers, is the latest Congressional scrutiny of Soros’ purchases.
(Excerpt) Read more at thecentersquare.com ...
What’s the rush? 🙄 (sarc)
Tighten the foreign ownership status to ten percent or less.
Do they have their adverting ready to go for stations that no one will listen to ?
With all of the concerns about monopolies from the left, sometimes rightfully so, this is a clear case of a monopoly.
A few weeks before the election the Republicans are just now noticing this? We need help in our party.
(In my best German accent) : " Too soon old ,.. and too late schmart "
Another vestige from the Rhona MC Daniels lack of leadership in the party.
But Hot Dam ! She threw on he!! of a hors d'oeuvre and wine dinner party !
That's where the money went .. (Spit !)
<>25% of the company being indirectly foreign owned<>
FJB is 100% directly foreign owned.
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