The Federal Communications Commission (FCC) has expedited its decision to approve a deal allowing Democrat megadonor George Soros to acquire a major stake in over 200 radio stations
ox News reported that the move has prompted an investigation by the House Oversight Committee, which is concerned about potential “politicization” and its impact on the 2024 presidential election.
The FCC’s approval of Soros’ acquisition of more than 200 Audacy radio stations has drawn criticism from a Republican commissioner who has expressed objections to the decision, as well as other GOP members of Congress who see the move as blatantly partisan.
The New York Post first reported that the FCC last week “adopted an order to approve Soros’ purchase of more than 200 radio stations in 40 markets just weeks before the presidential election,” which would allow him to reach up to 165 million Americans.
House Oversight Committee Chairman James Comer (R-Ky.) and Rep. Nick Langworthy (R-N.Y.) have accused the FCC of expediting its review of broadcast licenses by bypassing standard procedures.
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