Federal Communications Commission (FCC) Chairman Brendan Carr held a closed-door meeting with members of the Republican Study Committee to discuss regulatory concerns about the investigation of major radio station purchase by a George Soros linked company.
“The Republican Study Committee is honored to host FCC Chairman Brendan Carr, a warrior for free speech who has consistently fought against the liberal media machine and is protecting our national security by preventing foreign adversaries from infiltrating our telecommunications infrastructure,” RSC Chairman August Pfluger said (TX-11).
“We thank Chairman Carr for his bold leadership in confronting George Soros who has corrupted our media and silenced conservative voices, and the committee fully supports his efforts to restore truth to our public discourse while expanding broadband access to rural communities. The RSC is committed to working alongside Chairman Carr to dismantle the censorship cartel, strengthen America’s digital infrastructure through free-market principles, and restore free speech rights for everyday Americans.”
Carr noted that the Republican Study Committee is achieving meaningful progress for Americans under Chairman Pfluger. He added that he was looking forward to meeting with RSC to discuss FCC policies and regulatory reforms.
Carr informed the GOP lawmakers on the investigation of FCC into George Soros and the purchase of over 200 Audacy radio stations nationwide by a firm linked to the investor.
Current US regulations restrict foreign ownership in broadcasting firms to 25%, unless the FCC explicitly approves otherwise. According to Carr, however, the FCC may have departed from its standard process concerning this case.
“There are long-standing procedures in place when it comes to evaluating foreign ownership in media,” Carr said during a House Oversight Committee hearing earlier this year. “This transaction appears to bypass or fast-track some of those established protocols.”
The Soros Investment Fund acquired around 40% of Audacy’s debts after the company filed for Chapter 11 bankruptcy.
The Republican lawmakers blasted the deal and called for greater scrutiny.
Both lawmakers and the public are keeping a close eye on how FCC deals the matter of media ownership changes. There is a continuous effort for fair regulations, diverse voices, and integrity of local journalism nationwide.
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