House Republicans Investigate George Soros’ Influence on Local Radio: An Exclusive Update

Introduction to the Probe and Key Players

In an exclusive update, Fox News Digital has learned that the Republican Study Committee (RSC), a powerful caucus of House Republicans, is set to receive a detailed briefing on the Trump administration’s investigation into billionaire George Soros’ influence on local radio stations. This high-level meeting, scheduled for Wednesday, will feature Federal Communications Commission (FCC) Chairman Brendan Carr as the keynote speaker. Carr is expected to update the RSC on the FCC’s ongoing probe into Soros’ involvement in the media landscape, particularly his ties to an investment firm that recently acquired a significant stake in Audacy, a major radio network with over 200 stations nationwide. The RSC, led by Rep. August Pfluger of Texas, is the largest caucus within the House GOP and has historically served as a think tank for the conference, driving conservative policy ideas and strategies.

The Soros Investment and Republican Concerns

The investigation into Soros’ influence stems from a recent deal involving an investment firm linked to the billionaire philanthropist. Soros, known for his liberal political activism and substantial contributions to progressive causes, has drawn scrutiny from Republican lawmakers over his financial involvement in Audacy, a prominent radio company. Late last year, during the final days of the Biden administration, Soros’ investment firm became the largest stakeholder in Audacy after acquiring approximately 40% of the company’s debt following its Chapter 11 bankruptcy filing. This move has raised red flags among Republican leaders, who are concerned about the potential for political bias in media ownership and the influence of Soros’ ideologies on local radio content.

Strategies to Counter Perceived Media Bias

Carr and Republican lawmakers are also expected to discuss broader strategies for addressing what they perceive as media bias against the GOP. The FCC chairman has been vocal about his intention to scrutinize Soros’ involvement in the media sector, signaling his commitment to ensuring fairness and transparency in media ownership. During a November interview on "Mornings with Maria," Carr stated, "There’s a petition for reconsideration pending at the FCC right now. And I want to take a very hard look at that." This suggests that the FCC is actively exploring ways to regulate or mitigate what Republicans view as disproportionate influence by liberal-leaning figures like Soros in the media landscape.

The RSC’s Role in Shaping Conservative Policy

The RSC, comprising 175 Republican lawmakers, has long been a driving force in shaping conservative policy and strategy within the House GOP. This year alone, the committee has hosted high-profile figures from the Trump administration, including Deputy Chief of Staff Stephen Miller, who addressed the group on immigration and President Trump’s plans for executive action, and Energy Secretary Chris Wright. The RSC’s annual closed-door lunch with Carr is part of its ongoing efforts to engage with key administration officials and craft a unified response to issues of importance to the conservative base. By hosting Carr, the RSC aims to delve deeper into the implications of Soros’ media investments and explore potential legislative or regulatory solutions.

Lawmaker Reactions and Calls for Scrutiny

Republican lawmakers have been quick to sound the alarm over Soros’ expanded influence in the media sector. Rep. Chip Roy of Texas and Sen. John Kennedy of Louisiana are among those who have called for intense scrutiny of the deal, arguing that it poses a threat to the diversity of voices in local radio. Their concerns reflect a broader sentiment within the GOP that liberal figures like Soros are using their financial resources to sway public opinion and influence elections. By scrutinizing Soros’ involvement in Audacy, Republicans hope to prevent what they see as an attempt to consolidate liberal control over media outlets.

Implications and Moving Forward

The FCC’s investigation into Soros’ influence on local radio highlights the ongoing tension between conservatives and liberals over media ownership and bias. As the 2024 election approaches, this issue is likely to take on even greater significance, with both sides jockeying for influence over the narrative shaping the political landscape. While the FCC and Audacy have yet to comment on the matter, the RSC’s meeting with Carr underscores the importance of this issue to Republican lawmakers. By exploring strategies to counter Soros’ influence and ensure media fairness, the GOP aims to level the playing field and prevent what they view as an imbalance in media representation.