FCC Chairman Brendan Carr is set to brief Republican lawmakers on his agency’s investigation into George Soros and his influence over local radio stations during a meeting on Wednesday. He will discuss Soros’s ties to an investment firm that acquired over 200 Audacy radio stations, as well as strategies to counter left-wing media.
The recent acquisition has raised concerns among Republicans, with some accusing the FCC of bypassing its established review process for foreign ownership. As Soros seeks to finalize his acquisition of $415 million in debt from Audacy, lawmakers warn that this could enhance his control over the media landscape and impact conservative speech ahead of the November election.