Unelected “political mega-donor” Senator Kelly Loeffler continues to face fallout from her stock trade scandal as more Republicans distance themselves from her indefensible stock selloff in the midst of a crisis. A new report from McClatchy today shows that deep-pocketed Republican groups who have already pledged millions to beat back an intraparty challenge from top Trump ally Congressman Doug Collins are now “turning their attention elsewhere at a pivotal moment in [Loeffler’s] campaign.”
Mitch McConnell’s super PAC Senate Leadership Fund has “no current plans” to keep spending for Loeffler on Georgia airwaves, but this week announced a $67 million ad buy in several states where they’re playing defense — except Georgia. The conservative Club For Growth, which had pledged millions to attack Collins and boost Loeffler “signaled this week that it could hold off on making further investments in the Georgia race.” And the chairman of the American Conservative Union, which earlier this year snubbed Senator Loeffler and instead invited Congressman Collins to speak at its annual CPAC gathering, told McClatchy that “voters will seriously have to wrestle with” whether or not Loeffler’s suspiciously timed transactions were “the right thing to do.”
This comes at the end of a rough week for Senator Loeffler, with her erupting scandal leading to bipartisan backlash, calls for investigations, and concerns about down-ticket damage from Georgia Republicans as the GOP’s decision to appoint Loeffler is looking more and more like a “major strategic miscalculation for Republicans.”
IN CASE YOU MISSED IT:
McClatchy: Georgia senator’s stock sales could cause trouble for Republicans in special election
By Francesca Chambers and Emma Dumain
Key Points:
Read the full story here.
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