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GOP Senator Accused of Insider Trading After Secret Pandemic Briefing Just Disclosed Even More Incriminating Stock Trades

GOP Senator Accused of Insider Trading After Secret Pandemic Briefing Just Disclosed Even More Incriminating Stock Trades
Bill Clark/CQ-Roll Call, Inc via Getty Images

Senator Kelly Loeffler (R-GA) came under fire last month after news broke that she sold millions of dollars of stocks after a senators-only briefing on the virus that's caused a global pandemic. This was just before the stock market plummeted by thousands of points in the face of uncertainty in the national health crisis.

Loeffler also invested in Citrix, a telework software company, just before millions of Americans began working from home.

But she wasn't done yet.


A new report from the Atlanta Journal-Constitution indicates that Loeffler also invested in a company that manufactures personal protective equipment, of which there is a massive shortage as virus cases continue to rise.

Loeffler's husband is the Chairman of the New York Stock Exchange.

The Senator's team denied any wrongdoing:

"Sen. Loeffler came to Washington on a promise to be a different kind of elected official. She holds herself to high standards of ethics and transparency, including acting in accordance with both the letter and spirit of the law, which she has done at every step of her time in the Senate and in her lengthy career in financial services."

Loeffler, who was appointed by Georgia Republican Governor Brian Kemp to replace former Senator Johnny Isakson, is up for reelection this November. She's currently facing a primary challenge from Congressman Doug Collins (R-GA). Both are vocal allies of President Donald Trump.

Loeffler may face an uphill battle in her first attempt to be elected to the Senate, if reactions to these latest disclosures are any indication.




Some are calling for Loeffler to face prosecution and even imprisonment.



But considering the corruption already tolerated by many in the Republican party, people weren't optimistic that Loeffler would face anything resembling justice.



Unacceptable.

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