James Bailey financiers George Soros, George Bailey and their wife were among the richest financiers of the United States during the Great Depression.
The three men have long been known to be close friends and have given millions of dollars to Democratic Party causes over the years.
However, a report published Tuesday by the Center for Responsive Politics (CRP) showed that they are no longer actively working together.
“For a brief period in the 1970s, George and James Bailey were major financial backers of the Republican Party, helping fund the campaigns of President Richard Nixon, the GOP and their allies.
But that period is over,” the CRP report states.
In 1974, George, now 82, was the chairman of the U.S. Chamber of Commerce.
Bailey, who died in 2000, became a member of the Chamber of Deputies in 1977 and was a member for 14 years.
George Bailey died in 2001.
George Soros’ brother, George Jr., is the president of Soros Fund Management, a fund with an annual valuation of more than $7 billion.
The Soros Fund has invested in companies including Apple, General Motors and Coca-Cola.
The three brothers are also close business associates and financial backers.
In a letter to members of Congress in January of this year, George Sr. wrote, “I know you know we have a close relationship and we have given a lot of money to your campaigns.”
The George Soros Foundation, which is also led by the Soros brothers, is led by George Sr., his brother George Jr. and his son, Peter.
The foundation has given millions to Democrats since 2001, including $1 million in 2014 to Democratic candidates, and a $2 million donation to the House Majority PAC.
The Center for American Progress, a liberal think tank, has reported that the Soros Fund had spent $7.7 million on political action committees (PACs) since 2001.
The center said that this includes $1.3 million on Republican candidates and candidates running in 2018 and another $2.7 a month on other Democrats.