Republican Senator Kelly Loeffler of Georgia is facing tough questions about whether she illegally traded millions of dollars in stocks using information she received from her position in the U.S. Senate on the coronavirus pandemic.
Loeffler’s husband runs the New York Stock Exchange. Serious questions have arisen about whether she and her husband profited off the coronavirus crisis information she received at a briefing about coronavirus on January 24, 2020.
Loeffler denies any wrongdoing, but she is one of several Republican senators, including Burr, who sold off stocks just prior to the stock market’s collapse. She did not have a blind trust in place.
Her political opponents smell blood in the water. Loeffler, who was appointed to her position—not elected—faces some tough challengers. This includes Democratic challenger Matt Lieberman, son of former senator and 2000 Democratic vice presidential nominee Joe Lieberman.
Georgia has two Senate seats up for grabs this election increasing the Democratic Party’s chance to flip the Senate Blue and remove Senator Mitch McConnell as majority leader.
