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George Soros Endorses Bill de Blasio for Mayor

 Billionaire investor George Soros speaks on 'The Tragedy of the European Union' as a guest of The Institute for Media and Communications Policy on Sept. 10, 2012, in Berlin. Soros is among the clients recruited by SilverChair Partners founder Chantal Russell.
Billionaire investor George Soros speaks on 'The Tragedy of the European Union' as a guest of The Institute for Media and Communications Policy on Sept. 10, 2012, in Berlin. Soros is among the clients recruited by SilverChair Partners founder Chantal Russell.
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Getty Images/Sean Gallup

NEW YORK CITY — Public Advocate Bill de Blasio’s campaign for mayor got a big-name boost on Tuesday when billionaire liberal philanthropist and hedge fund manager George Soros endorsed his mayoral campaign.

“I am endorsing Bill de Blasio for Mayor because I believe he has the talent, vision and ability to lead New York City," Soros said in a statement. “As Public Advocate, Bill de Blasio has promoted concrete policy changes that would mean far fewer innocent New Yorkers are subjected to demeaning police stops while at the same time maintaining reductions in crime.”

Soros went on to praise de Blasio’s work on campaign finance reform as well as his plan for universal pre-k.

“Through his philanthropy and commitment to social change, George Soros has championed investments in early education, job development, and healthcare for all who need it  — and I’m committed to bringing this ethos of sustained investment in our working and middle class families to City Hall next year," said de Blasio said in a statement.