With Ultra-Wealthy Political Mega-Donor Kelly Loeffler “Under Fire” for Stock Trades After Closed-Door Coronavirus Briefing, Republicans Worry About Down-Ballot Fallout
Following a series of new reports this week detailing how political mega-donor and temporary Senator Kelly Loeffler dumped up to millions in stocks after a closed-door Senate briefing while publicly downplaying the risks of coronavirus, the fallout for the GOP’s unelected and unethical incumbent is rapidly snowballing out of her control:
“These reports demand an ethics investigation and the fact that Senator Loeffler hasn’t voluntarily asked for one raises even more questions about the circumstances behind her up to multi-million dollar stock trades,” said DSCC spokesperson Stewart Boss. “To make it more egregious, Senator Loeffler’s trades occurred while she was dismissing real concerns about the virus. The political mega-donor has faced well-deserved scrutiny over a corrupt appointment process, a laundry list of potential conflicts of interest, and an assignment to the subcommittee charged with overseeing the key regulator for her business interests — Georgians deserve the facts.”
IN CASE YOU MISSED IT
Atlanta Journal-Constitution: Loeffler faces backlash over stock trades after coronavirus briefing
11Alive: Georgia Senators Perdue, Loeffler stock trades under fire
POLITICO: Loeffler stock trades roil Georgia special election
National Journal: Money can’t buy you love in politics
Appointed Georgia Sen. Kelly Loeffler is the latest example of a wealthy candidate whose money can’t overcome serious political vulnerabilities.
New York Times: Editorial: Did Richard Burr and Kelly Loeffler Profit From the Pandemic?
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