Soros Suffers Crushing Blow

George Soros suffered a blow this election day, when his backed candidates were defeated at the polls. The Free Beacon reports:

The two candidates who ran in the midterm elections and are tied to a secretive donor club cofounded by liberal billionaire George Soros were both defeated.

Scott Wallace, who challenged Republican incumbent Brian Fitzpatrick in Pennsylvania’s First Congressional District, is a partner in the Democracy Alliance, the largest left-wing group of donors who have combined to pour more than $500 million into the coffers of progressive organizations since 2005.

Wallace inherited a fortune after his grandfather’s company was sold for $10 billion. Wallace runs the Wallace Global Fund, his family’s foundation, that reports $150 million in assets and has given millions to radical left-wing groups throughout the years—all of which haunted Wallace on the campaign trail.

The Democracy Alliance strives to keep its membership rolls hidden but the Free Beacon discovered a confidential memorandum that was sent to Minority Leader Nancy Pelosi in 2013 that lists Wallace as a partner in the alliance.

Soros will continue to support radical progressives, but this defeat will certainly be a setback to his agenda.

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