FCC Commissioner Brendan Carr opposes any “Soros shortcut” to expedite Audacy’s emergence from bankruptcy. This follows US Representative Chip Roy’s warning to FCC Chairwoman Jessica Rosenworcel. Republicans are concerned about George Soros’ Soros Fund Management acquiring $400 million in Audacy debt, making it the largest shareholder during Audacy’s Chapter 11 reorganization. Carr insists on a thorough FCC review process for such a significant acquisition, involving hundreds of radio stations across 45 markets. Audacy’s restructuring plan, approved by a bankruptcy court in February, awaits FCC approval. Meanwhile, Audacy has streamlined operations and resolved tax disputes without admitting liability.