Loeffler still won’t follow Isakson’s example and put her assets into a blind trust — and is still holding onto millions in individual stocks after promising to sell off individual securities investments
ATLANTA — In tonight’s debate, unelected “political mega-donor” Senator Kelly Loeffler was asked point-blank by the AJC’s Greg Bluestein if senators should “be barred from trading stocks” after her own coronavirus stock trading scandal.
Watch Loeffler refuse to answer this simple question:
Instead, Loeffler continued her pattern of blaming everyone and everything but herself for her stock trades — and ignored the fact that despite claiming that her family “will divest from individual stocks,” Loeffler still holds up to $25 million worth of stock in her company ICE. Her husband NYSE Chairman Jeff Sprecher also holds “at least $10 million” in ICE securities as well.
And as she continues to dodge basic questions on her coronavirus stock trades, Loeffler is still refusing to follow the example of her predecessor Senator Johnny Isakson and put her assets in a blind trust, which he called “the best way to comply…with the ethics disclosures.”
“Like everything else about her stock trade scandal, Senator Loeffler is still refusing to give Georgians a straight answer on whether senators should be allowed to trade stocks — like she did when she sold off millions following a private Senate briefing,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “It’s clear that Loeffler would prefer to continue using her public office to further enrich herself, which is why Georgians will fire her on January 5th.”
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