Business Leaders, Investor

Supe PAC’s Felt The Force Of George Soros’ Financial Giving In 2016

Throughout the 2016 U.S. presidential election cycle, George Soros was extremely vocal in his disdain for the majority of candidates on the Republican side during campaign season. Soros reserved his harshest criticism, for now, President Donald J. Trump and his Republican rival Ted Cruz who was accused by the Hungarian born of doing the work of ISIS by creating such racially charged rhetoric. A dedicated liberal, Soros believes the global security situation could be a major source of concern under any of the Republican candidates, a concern backed by the level of financial giving the founder of Soros Fund Management provided for Democrats throughout the 2016 election season.

Politico reports Soros is used by the Democratic Party as a signifier for other potential donors about the level of concern they should have for the future of the party and any upcoming elections. Over the course of the 2016 election campaign, Soros provided a reported $25 million in campaign contributions designed to propel former Secretary of State Clinton into The White House with an agenda developed in association with Soros; one aspect of political giving George Soros has become a master of is backing different PAC’s and Super PAC’s dedicated to aiding the candidate he backs for a particular role of elected position.

During the 2016 election campaign, the man Forbes describes as breaking the Bank of England in 1992 developed his links to a series of PAC’s dedicated to addressing some of the many different areas of concern for Democrats. The Federal Elections Commission has published the giving provided by Soros to different groups, including a $7 million donation to the Priorities USA Super PAC developed to support the campaign of Clinton; Priorities USA is well known for the high level of support provided for Clinton as the battle for the financial support of George Soros led to a battle between a number of different PAC’s and Super PAC’s fighting over his campaign contributions.

George Soros not only looked to have an impact in 2016 on the election of a Democrat into The White House but made it clear he was looking to assist as many minority groups in voting as possible over the course of the campaign. To this end, Soros provided a further $5 million to the Immigrant Voters Win Super PAC supporting efforts to build on the number of minority voters taking advantage of their right to vote in swing states during the election. Protecting the rights of voters has been a key issue for George Soros as he also gave $5 million to the Voting Rights Trust group aiming to overturn conservative efforts to limit access to voting rights for members of minority groups.