Trump Doubles Down, Hints At RICO Probe Into George Soros Orgs

President Donald J. Trump announced Friday that his administration will investigate billionaire George Soros and his family for potential racketeering charges, escalating longstanding concerns that Soros has fueled unrest across America by bankrolling protests and political agitation.

“We’re going to look into Soros,” Trump told Fox & Friends. “Because I think it’s a RICO case against him and other people.”

The Racketeer Influenced and Corrupt Organizations Act (RICO) is a federal law most often used against organized crime syndicates and corrupt enterprises. Trump argued Soros’ political operations have crossed into territory that qualifies for such prosecution.

“Because this is more than like protests,” the president explained. “This is real agitation. This is riots on the street. And we’re going to look into it.” He added that many demonstrators “get paid for their profession from Soros and other people.”

The remarks represent Trump’s clearest indication yet that his administration is prepared to deploy federal law enforcement to pursue Soros, a Democrat megadonor who for decades has poured billions into left-wing causes. Conservatives have long accused Soros of quietly financing a professional protest movement designed to destabilize U.S. cities.

Trump previously hinted at the possibility of racketeering charges in a fiery Truth Social post:

“George Soros, and his wonderful Radical Left son, should be charged with RICO because of their support of Violent Protests, and much more, all throughout the United States of America. We’re not going to allow these lunatics to rip apart America any more, never giving it so much as a chance to ‘BREATHE,’ and be FREE. Soros, and his group of psychopaths, have caused great damage to our Country! That includes his Crazy, West Coast friends. Be careful, we’re watching you!”

The Soros-backed Open Society Foundations dismissed the accusations in August, insisting the organization does “not support or fund violent protests,” and called Trump’s threats of prosecution “outrageous.”

Tied to Charlie Kirk Assassination

The president linked the proposed investigation directly to the assassination of Turning Point USA founder Charlie Kirk, who was gunned down this week at Utah Valley University while speaking to thousands of students. Trump described the killing as “political violence at its worst.”

“My administration will find each and every one of those who contributed to this atrocity, and to other political violence, including the organizations that fund it and support it,” Trump vowed in a video statement Wednesday.

During his first term, Trump often accused wealthy liberal donors of fueling violent demonstrations in major cities. While his Justice Department occasionally reviewed protest groups, racketeering statutes were rarely invoked. This time, however, Trump’s allies argue the scope of political violence justifies RICO prosecution, especially if a financial network is found to be sustaining violent agitators.

Law-and-Order at the Forefront

With the 2026 midterms approaching, Trump has leaned heavily into his law-and-order message, blasting Soros and other left-wing financiers for promoting radical policies and chaos in America’s streets.

Soros, now 94, has become one of the most infamous symbols of leftist money in politics, having funded radical prosecutors, “progressive” criminal justice reforms, and activist networks. His son, Alex Soros, who now chairs the Open Society Foundations, has become increasingly active in Democrat political circles.

The renewed attention on Soros underscores the administration’s determination to use the aftermath of Kirk’s assassination to crack down on what Trump has repeatedly called “political violence networks.”

Asked Friday whether a formal investigation into Soros is underway, the Justice Department declined to comment.