George Soros Joins Ready for Hillary Super PAC Finance Board

Splash News


Liberal billionaire George Soros has joined the finance council of Ready for Hillary, the Super PAC rallying support for a potential presidential bid by Hillary Clinton, the Washington Post reports:

"George Soros is delighted to join more than one million Americans in supporting Ready for Hillary," Michael Vachon, Soros’s political director, said in a statement. "His support for Ready for Hillary is an extension of his long-held belief in the power of grassroots organizing."

The commitment by Soros – announced by the super PAC Thursday — represents another heavyweight endorsement for the group, which was started earlier this year by Clinton supporters. Other members of the national finance council, who must contribute or raise $25,000, include Esprit co-founder Susie Tompkins Buell, entrepreneur Jo Ousterhout and attorneys Steve and Amber Mostyn.

Soros has been heavily involved in the financing of Democratic causes in recent years, contributing nearly $24 million in 2004, and helped organize the Democracy Alliance, a shadowy group of major liberal donors, in 2005.

Ready for Hillary faces competition in the Clinton-fundraising space from Priorities USA, the Obama-affiliated Super PAC best known for a campaign ad suggesting Mitt Romney may have been responsible for a woman's death from cancer. Priorities USA spent $67 million in the 2012 cycle.

Soros himself contributed $1 million to Priorities USA last September.

Earlier this year, the Washington Post reported Ready for Hillary's focus is more "grass-roots organizing" than that of Priorities USA.

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