Hansjorg Wyss, Left, and Sen. Bill Hagerty, Right (Getty Images)
Wyss, who is referred to by some as the "new George Soros", also allegedly gave more than $135 million between 2016 and 2020 to a nonprofit that gave tens of millions to Super PACs that supported Joe Biden in 2020 and has steered tens of millions of dollars to Democratic fundraising committees, get out the vote efforts, and Democratic candidates via nonprofits.
"A single Swiss billionaire, Hansjörg Wyss, has funneled hundreds of millions of dollars into various left-wing causes meant to influence American politics," Honest Elections Project Executive Director Jason Snead told Fox News Digital last year. "Since 2016 he has given at least $245 million to Arabella Advisors’ dark money behemoths New Venture Fund and Sixteen Thirty Fund. In 2020 alone, CTCL (Center for Tech and Civic Life) received $25 million from New Venture Fund. CTCL and its new Alliance are opening avenues for foreign billionaires to pump funds directly into the heart of US elections."
Caitlin Sutherland, who told Fox News Digital last year that Wyss is the "most influential figure in politics that you've never heard of", wrote in the report’s forward that Sixteen Thirty Fund is using Wyss’s money as part of its "war chest" to "support massive get out the vote drives, issue advocacy campaigns bolstering President Biden’s agenda, liberal pet projects from abortion to immigration, and attack ads against Republican lawmakers."
Hungarian-born US investor and Democrat donor George Soros wrote an op-ed in 2007 slamming the U.S. and Israel for not recognizing Hamas' election in Palestine. (Photo by FABRICE COFFRINI/AFP via Getty Images)
"This type of influence undermines democracy and self-government here in America, and its staggering scope should be alarming. I’m pleased to introduce this commonsense and critical legislation that will put an end to covert foreign influence on our elections and protect Americans’ voice in electing their leaders."
In a statement, Sutherland said that "it is irresponsible and alarming that our laws leave the door open to foreign nationals and U.S. adversaries influencing American politics."
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"Our report reveals that Sixteen Thirty Fund alone is acting as a conduit for massive amounts of money from a foreign billionaire with an expressed desire to reshape U.S. politics to align with his out-of-touch worldview. After years of national discourse about fears of foreign influence in our elections, this commonsense proposal to close the foreign influence loophole should be something everyone can support."
Fox News Digital reached out to Sixteen Thirty Fund for comment but did not receive a response.
Andrew Mark Miller is a reporter at Fox News. Find him on Twitter @andymarkmiller and email tips to AndrewMark.Miller@Fox.com.
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