George Soros, a billionaire investor who spent over $27 million in 2004 while trying defeat President George Bush, is rising again as leading boogeyman of conservatives and a Democratic politics Champion funder. According to interviews with his associates and the Federal Election Commission registers, George made over $25 million donations to Hillary Clinton and other Democratic contenders. Even as the Election date gets nearer, George ‘s associates attest that they expect him to give more funds despite the fortune of about $24.9 billion he amassed through risky current trades.
Soros, who have a relationship of over 25 years with Hillary Clinton, had plans to attend the Democratic Convection to watch Hillary Clinton accept the Democratic Presidential nominee’s role. However, a close associate to Soros disclosed that he had to cancel the trip to monitor Europe’s economic situation, as he had returned to active trading. However, close associates say that George is more politically involved than he was in the previous years. The reason behind the close political involvement is the great fear for his Grand of Part rival (GOP) Donald Trump and his great faith in Hillary Clinton’s win. Read more at Politico about George Soros.
Michael Vachon, George’s political advisor, says that his boss has been consistently contributing to Democratic issues. However, the political stakes during this political season have been exceptionally alarming. The political stakes started even way back before Donald Trump became a presidential nominee. The political issues were surrounded by the numerous issues President Bush cared most about for numerous years including religious tolerance, immigration reforms, immigration reforms, and criminal justice systems. The huge donation support from Soros to support Clinton has been viewed as a good sign by most Democrats. Other top liberal donors are also donating towards the political move. The donors include Don Sussman, a New York hedge funder who donated $13.2 million, Fred Eychaner and Haim Saban who contributed $13.2 million each, and Tom Seyer who made a contribution of $31 million.
George Soros has also made a $5million commitment to a nonprofit association, according to an associate, which aims at fighting conventional efforts to limit voting. The association, known as Voting Rights Trust, is partly run by Marc Elias who is Clinton’s lawyer. The group is registered under a certain tax code which doesn’t necessitate the need to disclose the donors. Hence, the contributions made by Soros and other donors need not be formally or publicly reported to the state authorities.
In 2004, Soros hinted that he would quit his heavy political giving. Soros focused is charitable attention to his international associations whereby he has contributed over $13 billion over the last thirty years. The foundations mainly focus on shaping democratic processes and defending human rights in Eastern Europe and improving access to healthcare and education in the United States and globally. Learn more on discoverthenetworks.org about George Soros.
End Citizens United, received a $500 check this year which is the maximum George Soros would legally give to the group. The group supports candidates that pledge to support financial campaign reforms. Soros also made a donation to Every Choice.