Jul 31, 2019

George Soros sets up new super PAC for 2020 election

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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Exclusive: Pro-Trump outside groups jointly raise $17.8 million

Photo: Chip Somodevilla/Getty Images

The pro-Trump super PAC America First Action and its affiliated 501(c)(4) nonprofit, America First Policies, have jointly raised $17.83 million in the first 6 months of 2019 and will report $21 million cash on hand to the Federal Election Commission, according to an America First Action official.

Where it stands: The conservative organization, which Trump has blessed and which is led by former Small Business Administrator Linda McMahon, reports having jointly brought in 16,649 total donations from 11,655 unique contributors. An America First Action official also told Axios it has $40 million in outstanding donor pledges, and has collected $3.75 million of those pledges since the end of the reporting period on June 30.

Go deeperArrowJul 31, 2019

Cesar Sayoc sentenced to 20 years for mailing explosives to Trump critics

Photo: Broward County Sheriff's Office via Getty Images

Cesar Sayoc, 57, was sentenced Monday to 20 years in prison for sending explosives to prominent Democrats and critics of President Trump, according to the Washington Post.

Catch up quick: Sayoc, who pled guilty to the crime, sent 16 pipe bombs to people that included Hillary Clinton, Barack Obama, George Soros and others, just days before the 2018 midterm elections. He had been working as a pizza delivery man and strip club staffer a the time, telling U.S. District Judge Jed Rakoff: "Now that I am a sober man, I know that I was a sick man."

Go deeperArrowAug 5, 2019

The ACC Network is ready to go live for college football season

Illustration: Sarah Grillo/Axios

With college football just around the corner, ESPN is set to launch the long-awaited ACC Network on Thursday.

Why it matters: Conference networks have become enormous moneymakers this decade, so the launch of ACCN will help the ACC close the financial gap with leagues like the SEC and Big Ten, who have surged ahead.

Go deeperArrowAug 22, 2019