Is George Soros’ Influence Beginning to Diminish?

It’s not that George Soros was born in 2008, but that’s the year he became part of the political zeitgeist as we learned about how he helped raise a fortune for the presidential aspirations of a new, young senator from Illinois named Barack Obama.

Ever since then, the specter of Soros and his money has hung over many discussions about democracy in the United States.

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Last year, he announced that he was stepping back from the day-to-day operations of his businesses and left-leaning nonprofits and leaving that to his son, Alex, whom he calls far more politically active than he ever was. The fear in conservative circles was that a more politically aggressive, more targeted Soros organization would be harder to keep up with, never mind defeat.

The Soros organization is the key pole underneath the tent of a fundraising machine called Arabella Advisors. Arabella is a consulting company that oversees a handful of nonprofits, all of which oversee a multitude of left-leaning projects and organizations. When accounting for the seven nonprofits in the Arebella Network, they provided nearly $1 billion in grants to primarily left-leaning causes in 2023 alone.

One group that has done an exquisite job of following this work all the way to the point of publishing a book on who Arabella Advisors is the Capital Research Center. Kristen Eastlick, senior vice president of the center, sat down with The Daily Signal at the State Policy Network annual meeting to tell us breaking news that George Soros—and more importantly, Alex Soros—may not have the money, and therefore, the influence, they used to have.

Listen to our conversation: