It would appear that the administration of President Donald Trump is ramping up its investigation of leftist billionaire George Soros. 

This is according to a new report from the Daily Mail.

This all comes after President Trump suggested that the U.S. Department of Justice (DOJ) is looking into bringing charges against Soros. Soros' foundation responded with "We're not afraid."

George Soros is writing the checks financing some of the groups behind “No Kings,” as well as previous political violence in our cities.

That's how left-wing political violence happens. Different groups don't always talk to each other, because they don't have to.

My Stop… pic.twitter.com/drkrNmlCpr

— Senator Ted Cruz (@SenTedCruz) October 17, 2025

The details

The Daily Mail details how the Trump administration is ramping up its effort against Soros.

The outlet reports:

Room 2501 of the Internal Revenue Service's imposing headquarters on Constitution Avenue is to become the nerve center of Donald Trump's new effort to investigate liberal funding groups. It is home base for the IRS criminal investigation unit, known as IRS-CI, and its members are not ordinary tax agents. They carry guns and their predecessors succeeded where all other law enforcement agents failed - by taking down notorious mobster Al Capone over his finances.

The outlet continues, "Now, President Trump wants to give IRS-CI a new mission - to investigate left-wing funding groups, including those linked to billionaire investor and philanthropist George Soros, 95."

This comes not long after Trump publicly called Soros a "bad guy."

The Daily Mail goes on to quote Ryan Mauro, an investigator with the conservative Capital Research Center think tank (CRC), as saying:

The most logical first step to me would be looking at the tax exempt statuses of these nonprofit organizations, including Soros. The smoking gun could be a an undisclosed bank transaction. I pivot to the tax exempt status because it's just an easier approach.

The latest from Soros

Recently, there have been allegations that Soros is at least partially funding the so-called No Kings protests.

The Washington Examiner reports:

Soros, Founder of the Open Society Foundations, which funds left-wing activism throughout the U.S., has significant financial ties to the Indivisible Project, the 501(c)(4) group responsible for organizing much of the popular “resistance” activities against Trump and the GOP.

Soros is reported to have given $7.61 million to the Indivisible organizion since it was created in 2017.

The Examiner adds:

Although the investigative journalist group the Pearl Project estimates there are 265 partner organizations conducting the “No Kings” on Saturday, including in Washington, D.C.,  Indivisible is reportedly “managing data and communications with participants.”

It is widely believed that Soros's political influence extends far beyond this.