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George Soros meets with Democratic donors to plot plan to 'take back power' from Trump

George Soros (Riccardo Savi/Getty Images for Concordia Summit)

After their millions of dollars failed to elect Democratic presidential candidate Hillary Clinton last week, billionaire George Soros and his fellow wealthy liberals have gathered in Washington, D.C., to determine how to spend their money to block President-elect Donald Trump throughout his term in the White House.

The three-day meeting at the Mandarin Oriental hotel began Sunday, according to Politico, and is sponsored by the Democracy Alliance donor club. The event will feature keynote addresses from House Minority Leader Nancy Pelosi (D-Calif.), Sen. Elizabeth Warren (D-Mass.) and Rep. Keith Ellison (D-Minn.), whose name is being floated for the chairmanship of the Democratic National Committee.

While some of the sessions are focused on winning the 2017 and 2018 elections, many of the discussions will be centered around determining how to thwart the goals Trump hopes to achieve in his first 100 days, all of which the group defines as "a terrifying assault on President Obama’s achievements — and our progressive vision for an equitable and just nation."

In addition, Democracy Alliance President Gara LaMarche sent an email to donors last week informing them that the D.C. meeting will assess "what steps we will take together to resist the assaults that are coming and take back power" from the Republican-controlled city.

The event comes as Democrats and progressive activists wonder how it is possible Trump bested Clinton on Election Day.

"The [Democracy Alliance] itself should be called into question," one strategist who has been involved in the group said. "You can make a very good case it's nothing more than a social club for a handful wealthy white donors and labor union officials to drink wine and read memos, as the Democratic Party burns down around them."

Soros founded the Democracy Alliance in 2004. Members of the organization are required to donate at least $200,000 a year to recommended groups, according to Politico, and must also pay a $30,000 annual fee to fund the Democracy Alliance staff, meetings, catered meals and entertainment.

Soros donated more than $13 million in an ultimately unsuccessful effort to block Trump from winning the presidency.

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