Weeks before the pandemic crashed the market and after attending private meetings about the threat of the virus, Loeffler sold millions of dollars in stocks in retailers like T.J. Maxx, and bought shares in DuPont de Nemours, a personal protective equipment supplier, and Citrix, a teleworking software maker.
Meanwhile she downplayed both the threat of the virus and claims that the U.S. was unprepared for an oncoming pandemic. In the op-ed, Loeffler denied any wrongdoing and claimed her investments were managed by third-party advisers without their direct input, but she's taking the action"because the issue isn’t worth the distraction. My family’s investment accounts are being used as weapons for an assault on my character at a time when we should all be focused on making our country safe and strong."
Loeffler was appointed to the Senate seat by Governor Brian Kemp in December 2019 following the retirement of Johnny Isakson but faces an election to retain the seat in November. conducted by Battleground Connect for challenger House Representative Doug Collins last week showed Collins had a 23-point lead on Loeffler.has reportedly begun a probe into the stock transactions of some lawmakers, with the FBI already reaching out to Senator Richard Burr , who also heads the Senate Intelligence Committee.When news broke of Burr and Loeffler's initial sell offs, House Representative Alexandria Ocasio-Cortez called for Loeffler's resignation.
Gee, we're happy for you Madam Senator...especially since you used your inside info to set yourself up outside of stocks!! No Sale!!
No insider trading charges yet? She gets away with this? 😡
Tech Lock her ass up
Far too late for this.
Absolute disgrace insider trading jail
Tech What is this, some kind of posturing for the trial that looms ahead for her? It changes nothing. While I'll wait for the courts to make the call, it appears that she engaged in insider trading while publically downplaying the risk she was filling her portfolio to profit on.
Cha-ching she should resign & go to prison. Wear orange like martha. Her and her ny stock exchange hubby knew what they were doing...profiting off of dead ppl. Instead of doing her damn job & protecting her boss the American public
Ha ha ha, it’s a big joke, if she was working for one of the banks, she would have been fired long back. Trumps team has 0 accountability. 🤦♂️
She'll liquidate at a profit, of course.
so what, really, so what - privileged people making sure they remain privileged is a tired story - they should go to another country, like Russia, its a sure bet they don't like the people who keep them privileged
🤔actions of a guilty party
Fine. Do it. Then go home. Quit. We don’t need any more of this in DC.
So you're telling me because she is in the senate she can do insider trading and not be held accountable. The U.S. goverment is a joke. Get rid of DEMS and GOP both corrupt parties that get nothing productive done. Nothing will ever get done with a two party system
Too little, too late, she cheated
Too little, too late! GOPCorruptionOverCountry
Too late.
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