Soros Backs Pro-Hillary Clinton Super PAC

Urging her to run for president in 2016

Billionaire financier George Soros is joining forces with others urging Hillary Rodham Clinton to run for president in 2016, becoming the best-known Democratic donor to provide his money and name to the Ready for Hillary super PAC.

The move, announced Thursday by the super PAC via Twitter, could attract other big-name donors to a possible Clinton candidacy, potentially making it harder for other Democrats to compete financially with Clinton should she decide to seek the nomination.

Soros will serve as a co-chair of the super PAC's national finance council. Each member commits to contribute or raise at least $25,000 for the political action committee. The council meets Nov. 12 in New York City.