On Tuesday, a bankruptcy court approved a plan for Soros’s investment firm to acquire 40% of Audacy’s debt, which would make it the single largest shareholder in the company, the Philadelphia Inquirer reported. The plan will now go to the Federal Communications Commission for approval.

If approved, Soros would hold major sway over the parent company of numerous conservative radio talk shows, including those of Dana Loesch, Mark Levin, Guy Benson, Sean Hannity, and Rich Zeoli.