George Soros, the billionaire investor, has returned to funding Democratic politicians is a big way. Soros, who has been relatively quiet in the last years, has recently committed to donating $25 million to Hillary Clinton’s presidential campaign as well as other Democratic candidates.
This marks a major reversal for Soros on opensocietyfoundations.org. His last big donating spree was back in 2004 when he backed Senator John Kerry in his race against George W. Bush to the tune of $27 million.
Those closest to Soros say this new wave a spending is a result of his confidence in Clinton and his opposition to GOP candidate Donald J. Trump, who he once accused of “doing the work of ISIS”.
Of his total donations so far, Soros has given $8 million to a super PAC that supports Hilary Clinton. According to FEC reports, he has also donated $2 million to a super PAC on nybooks.com called American Bridge 21st Century, which is an opposition research PAC that has targeted Trump and other Republican candidates.
George Soros has also committed $5 million to Immigrant Voters Win, a super PAC that is focused on getting Latino voters to turn out to vote.
Soros has also committed another $5 million to a super PAC called Voting Rights Trust, which is devoted to fighting voting restrictions brought forth by conservative politicians.
This increase in giving has been a boon for the Democratic party. Soros is viewed as an influencer for wealthy Democratic donors. It has also sent the conservative right into a tizzy. The view Soros with much suspicion. Many see him as a puppet master in American politic and a globalist who is hell bent on bringing about a New World Order.
George Soros has spent the past decades as chairman of the Open Society Foundations, which is dedicated to building governments that are open and accountable to their citizens. They support human rights for all people around the world.