House Oversight probes FCC's expedited approval of Soros purchase of 200+ radio stations ahead of election [FOX News]
Cumulus Media Inc. - Class A (CMLS)
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Source: FOX News
The Federal Communications Commission expedited a decision to allow Democrat megadonor George Soros to obtain a major stake in more than 200 radio stations—a move the House Oversight Committee is investigating amid concerns of "politicization" and interference in the 2024 presidential election. The FCC seemingly approved a deal that would approve left-wing billionaire George Soros' acquisition of more than 200 Audacy radio stations across America, irking a Republican commissioner who "objected." 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," potentially allowing the far-left kingmaker to reach more than 165 million Americans at a critical time. According to House Oversight Committee Chairman James Comer, R-Ky., and Rep. Nick Langworthy, R-N.Y., the FCC expedited a required review of broadcast licenses by bypassing its standard procedu
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- 11/1/24 - Miss
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