Senator Whose Spouse Runs Major Exchange to Help Oversee Regulator

[mahatmakanejeeves]

Kevin M. Kruse Retweeted

Republican leadership has assigned Georgia's new interim senator to a committee that oversees the federal agency that regulates her husbands business

Link to tweet

POLITICS

Senator Whose Spouse Runs Major Exchange to Help Oversee Regulator

Kelly Loeffler’s husband Jeffrey Sprecher is chairman and chief executive of Intercontinental Exchange

By Paul Kiernan
Updated Jan. 7, 2020 7:34 pm ET

A new U.S. senator whose spouse both runs and owns a minority stake in a major exchange operator will help oversee one of the company’s main federal regulators, setting up a potential conflict of interest.

Republican leadership assigned interim Sen. Kelly Loeffler (R., Ga.), whose husband, Jeffrey Sprecher, is chairman and chief executive of Intercontinental Exchange Inc., to serve on the Senate Agriculture Committee.

The...

TO READ THE FULL STORY
SUBSCRIBE SIGN IN

[Farmer-Rick]

1. Conflict of interest much? Or how about nepotism?

We are not a democracy anymore. We are ruled by the filthy rich Americans who can get away with murder.

Thanks Koch Bros and Zuckerberg and Wal Mart heirs and Gates and Bezos for the oligarchy.