Kelly Loeffler sold at least $18 million more in stocks before the coronavirus crash than previously [View all]
(Vox) Sen. Kelly Loeffler sold at least $18 million more in stocks before the coronavirus crash than previously reported.
Loeffler is one of many lawmakers under fire for suspicious stock-trading activity following a coronavirus intel briefing.
Sen. Kelly Loeffler (R-GA) benefited from stock trades worth millions of dollars shortly before the general public was alerted to the severity of the Covid-19 crisis, selling off shares in industries that have been adversely affected by the coronavirus pandemic and buying shares of companies that have benefited, according to an Atlanta Journal-Constitution (AJC) report published late Tuesday.
Loeffler, who sits on the Senate Health Committee, first began selling stocks on January 24 the same day that committee held a private all-members session on Covid-19 and continued making trades in late February and early March.
According to her latest financial disclosure, which the senator provided to the AJC, her largest transaction involved the sale of $18.7 million in Intercontinental Exchange stock in three separate deals dated February 26 and March 11.
https://www.vox.com/policy-and-politics/2020/4/1/21202900/kelly-loeffler-stock-sales-coronavirus-pandemic