Help Move Georgia Forward
After Perdue invested in key companies during coronavirus outbreak, he’s now taking a page from Loeffler’s disastrous playbook to cover for his stock scandal
ATLANTA — Last night, Senator David Perdue made his own “Friday night news dump” when he revealed that he is copying unelected “political mega-donor” Senator Kelly Loeffler’s failed PR stunt of selling off individual stocks — even while Perdue, like Loeffler, is still keeping millions in shares despite his pledge.
Perdue has been in hot water after reports that his trading “increased nearly threefold” during the early stages of the coronavirus outbreak as he bought stock in key companies like Netflix and “a chemical company that supplies personal protective equipment” while selling-off shares in casino giant Caesars. Since then, Perdue has desperately tried to do damage control on his scandal while refusing to back his own Senate colleague as she faces her own criticism from her coronavirus stock trades.
Now, as Loeffler’s campaign is flailing as a result of her “lesson in how not to manage a crisis,” Perdue is taking a page from her disastrous PR playbook while still refusing to defend Loeffler herself or take meaningful steps following his scandal like placing his assets in a blind trust.
“Senator David Perdue’s stock trading scandal has gotten so out of hand that he’s now copying Senator Kelly Loeffler’s failed damage control gimmicks rather than facing any accountability for his actions,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “This is not the time for PR stunts. It’s time for Perdue to take responsibility for his trades and put his assets into a blind trust to prevent any more potential pandemic profiteering.”
Read more about Perdue’s latest attempt at damage control:
AJC: U.S. Sen. David Perdue says his advisers won’t trade individual stocks
May 16, 2023
May 3, 2023
April 26, 2023