With new Loeffler and Perdue disclosures revealing further stock sell-offs and key purchases during coronavirus outbreak, McConnell refuses to advise senators accused of wrongdoing as complaints filed with Ethics Committee
ATLANTA — Unelected “political mega-donor” Senator Kelly Loeffler continues to find herself in hot water as a new report reveals that Senate Majority Leader Mitch McConnell “isn’t speaking to his members” about potential ethics violations and doesn’t “have any advice” for them while a former Senate Ethics Committee aide says the committee has “a clear mandate” to look in tp Loeffler and other Senators under scrutiny for coronavirus stock trading.
Loeffler has continued to face fallout amid revelations that she and her husband sold off millions in stock before the market tanked — including shares in a travel booking firm — while investing in “a company that makes COVID-19 protective garments.” Loeffler still has not clearly answered questions about “how her portfolio is managed and who does that work” as she also refuses to follow Senator Richard Burr’s example and call for her own Senate Ethics Committee investigation.
Her fellow Georgia Republican Senator David Perdue, meanwhile, is also facing trouble as recent reporting revealed he also sold off shares in the market and purchased stock in the same medical supplies-producing company as Loeffler’s husband — the day of a private Senate briefing on the coronavirus outbreak.
Read the latest on Republican senators’ stock trading scandal: