Sen. Kelly Loeffler, R-Ga., has become the second lawmaker to have reportedly sold stock weeks before the coronavirus outbreak triggered a stock market downfall.
Tucker says Loeffler ‘should leave office’ if she knew of controversial stock trades and claimed all was well
Tucker Carlson ended his program Thursday by addressing the latest details in the case of Sen. Kelly Loeffler, R-Ga., who was criticized for dumping stocks after receiving a briefing from two members of President Trump’s coronavirus task force.
The husband of Georgia Sen. Kelly Loeffler recently acquired as much as $415,000 in stock in DuPont de Nemours, a chemical company that manufactures protective equipment in high demand due to the coronavirus pandemic
Loeffler may have abused her insider knowledge about the impending coronavirus crisis to sell off her stocks just months into the job.
The same day she attended a private briefing hosted by the Senate Health Committee on the coronavirus outbreak, Sen. Kelly Loeffler sold between $50,001 and $100,000 worth of stock.
Sen. Kelly Loeffler is the second senator who has gotten rid of their holdings right as the stock market went bad.
Sen. Kelly Loeffler sold at least $18 million more in stocks before the coronavirus crash than previously reported
Sen. Kelly Loeffler (R-GA) benefited from stock trades worth millions of dollars shortly before the general public was alerted to the severity of the Covid-19 crisis, selling off shares in industries that have been adversely affected by the coronavirus pandemic and buying shares of companies that have benefited, according to an Atlanta Journal-Constitution (AJC) report published late Tuesday.
DOJ prosecutors announced that they have closed the insider trading investigations against Sens. Kelly Loeffler (R-GA), James Inhofe (R-OK), and Dianne Feinstein (D-CA). However, the Justice Department will continue the investigation against Sen. Richard Burr (R-NC).
In an attempt to further distance herself from a stock scandal consuming her bid to remain in the Senate, Kelly Loeffler has stepped down from an Agriculture subcommittee that oversees commodities.