Soros Donor Network Quietly Launched New Big-Money Entities

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Free Beacon

A powerful donor club cofounded by liberal billionaire George Soros quietly established two big-money entities to help its efforts of injecting $275 million into the 2020 election.

The Democracy Alliance, a coalition of deep-pocketed Democratic donors, launched the Strategic Victory Fund super PAC in March. The PAC appears to be aimed at state-based initiatives and can collect and spend unlimited sums on political advertisements. The new super PAC received its initial$500,000 deposit from the Strategic Victory Fund's dark money nonprofit arm.

Democracy Alliance helps set the Democratic agenda and Voxhas called it the "closest thing that exists to a ‘left-wing conspiracy' in the US." It established the two new groups amid its $275 million anti-Trump campaign, focused on organizing in swing states.