Billionaire's son pushes for campaign-finance overhaul

by - May 02, 2013

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

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