Already facing a “‘minefield’ of potential ethical issues,” new revelations show $17 million spent on Washington lobbying and controversial lobbyist hires at Loeffler’s firm
ATLANTA — Following revelations of her “‘minefield’ of potential ethical issues” just weeks ago, “political mega-donor” Kelly Loeffler is already back “under scrutiny” as a new AJC report shows her firm’s extensive history influence-peddling with lawmakers and making lobbyist hires as part of the revolving door between her business interests and Washington — spending an eye-popping $17 million as part of their lobbying efforts since 2002.
“While Kelly Loeffler and her special interest allies try to call her an ‘outsider,’ the facts continue to reveal how she’s used her extensive resources to influence Washington for years,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “Whether it’s the millions she donated to politicians or the whopping $17 million her firm spent on lobbying efforts, Georgia voters are tired of this exact kind of Washington influence-peddling and will remember her lobbyist record in November 2020.”
Loeffler pledged $20 million in an effort to buy her Senate seat — raising plenty of ethical flags, with watchdog groups calling it “a minefield of issues” that would potentially let her oversee her own business interests in the Senate. And when asked about how she would manage this, Loeffler was evasive to say the least, refusing to say “how she planned to manage her finances or whether she would sit out votes that could influence her business.”
Now, these latest revelations show a long history of Loeffler and her firm engaging in influence peddling and making key lobbyist hires from DC — and spending millions to lobby lawmakers and federal agencies along the way, putting her firm among the “top-spending securities and investment firms since 2011” in terms of lobbying activity.
Read about these latest ethical red flags from Loeffler below: