President Trump has again proposed a Racketeer Influenced and Corrupt Organizations (RICO) investigation into billionaire and philanthropist George Soros over his alleged funding of protests across the country.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
“And we’re going to look into Soros, because I think it’s a RICO case against him and other people,” Trump said in a Fox News interview on Friday. “Because this is more than like protests. This is real agitation.”
Trump Targets Soros Amid Protests
Trump made a similar threat in a Truth Social post last month, warning Soros and his son that the government is “watching you.”
Earlier this week, Trump traveled to a Washington, D.C., restaurant where he was confronted by protesters. Trump believes that Soros, a major Democratic donor, may have funded this action.
Soros has donated hundreds of millions of dollars to the Democrats since 2020 and was awarded the Presidential Medal of Freedom by former President Joe Biden.
Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.