Chris Hughes Sells The New Republic to Win McCormack
Multiple outlets are reporting that Chris Hughes has found a new owner for The New Republic: The Democratic fundraiser, Tin House publisher, and banking scion Win McCormack. The new owner, who is 71, told The Huffington Post that the deal would “preserv[e] the journal as an important voice in a new debate over how the basic principles of liberalism can be reworked to meet the equally demanding challenges of our era.”