Billionaire's son pushes for campaign-finance overhaul

Jonathan Soros thinks a push by the New York Legislature to tighten the state's campaign-finance laws could give the issue national momentum if it's successful. And the Harvard-educated lawyer, son of billionaire hedge-fund investor George Soros, has a game plan to make it happen. The super PAC that Soros co-founded in April last year, Friends of Democracy, plans to double the number of House races — from eight in 2012 to 16 in 2014 — in which it will spend money backing candidates who support stricter campaign-finance laws. And it hopes to double the amount it raises, from $2.5 million last year to $5 million for the 2014 elections.

USA Today