Congressman Liccardo opposes Paramount's foreign investment proposal, citing concerns over American media control and national security.
Quiver AI Summary
Congressman Liccardo's stance on foreign ownership: Congressman Sam Liccardo has urged the FCC to reject Paramount Global's petition for nearly 50% foreign investment in Warner Brothers Discovery, citing concerns about potential foreign influence on U.S. media. He argues this could compromise American broadcast infrastructure, stating, "Congress did not entrust the public airwaves to this agency so that it could auction off America to foreign regimes."
Concerns over foreign entities: Liccardo emphasizes the risks of allowing entities tied to authoritarian governments, such as those from Saudi Arabia and China, to have significant stakes in American media. He calls the current proposal "misleading" and stresses the need for a thorough review of national security implications before any decision is made.
Potential legislative actions: In his letter to the FCC, Liccardo warns of forthcoming legislative efforts, including a possible mandatory review, should the agency ignore existing laws designed to protect American media from foreign control. His concerns align with Section 310 of the Communications Act, which limits foreign ownership in broadcast facilities.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Sam Liccardo Fundraising
Sam Liccardo recently disclosed $223.8K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 497th most from all Q1 reports we have seen this year. 48.0% came from individual donors.
Liccardo disclosed $199.9K of spending. This was the 488th most from all Q1 reports we have seen from politicians so far this year.
Liccardo disclosed $2.0M of cash on hand at the end of the filing period. This was the 225th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Sam Liccardo's fundraising on Quiver Quantitative.
Sam Liccardo Net Worth
Quiver Quantitative estimates that Sam Liccardo is worth $8.4M, as of May 1st, 2026. This is the 121st highest net worth in Congress, per our live estimates.
Liccardo has approximately $708.6K invested in publicly traded assets which Quiver is able to track live.
You can track Sam Liccardo's net worth on Quiver Quantitative's politician page for Liccardo.
Sam Liccardo Bill Proposals
Here are some bills which have recently been proposed by Sam Liccardo:
- H.R.8450: Save Willy Act of 2026
- H.R.8338: SAFER Act of 2026
- H.R.8013: Keep Innovators in America Act
- H.R.6533: Military in Law Enforcement Accountability Act
- H.R.6010: To amend the Internal Revenue Code of 1986 to extend and modify the enhanced premium tax credit, and for other purposes.
- H.R.5591: RESIDE Act
You can track bills proposed by Sam Liccardo on Quiver Quantitative's politician page for Liccardo.
2026 California's 16th Congressional District Election
There has been approximately $17,483,848 of spending in California's 16th congressional district elections over the last two years, per our estimates.
Approximately $8,156,255 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- NEIGHBORS FOR RESULTS ($2,998,240)
- EQUALITY PAC ($1,178,593)
- EQUALITY CALIFORNIA VOTES ($812,000)
- LET'S GET IT DONE PAC ($710,470)
- NATIONAL NURSES UNITED FOR PATIENT PROTECTION ($565,604)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 California's 16th congressional district election.
