Financier and philanthropist George Soros. Photo: Sean Gallup/Getty Images

George Soros, the billionaire megadonor to the Democratic Party, is setting up a super PAC called Democracy PAC for spending operations for the 2020 election, a filing to the Federal Election Commission Wednesday shows.

The big picture: Soros has put $5.1 million into Democracy PAC so far, according to the filing. Other Soros family members may contribute to the super PAC, Politico reports, citing a person familiar with the group. His son Alexander Soros has emerged as a major Democratic donor in recent years.

Go deeper: Why George Soros is a favorite target of the right

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Illustration: Sarah Grillo/Axios

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  3. States: New York City health commissioner resigns in protest of De Blasio's coronavirus response.
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  5. Politics: Trump tells "Axios on HBO" that pandemic is "under control," despite surges in infections and uptick in deaths.
  6. Business: Low-income households are struggling to pay energy bills — Construction spending falls for 4th straight month.
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Why it matters: From GPS to imagery satellites and others that can peer through clouds, space data is integral to American national security.

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Photo: Anwar Amro/AFP via Getty Images

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