After Burr’s FBI Warrant, Perdue and Loeffler Must Answer for Their Own Stock Trades

May 14, 2020

Both Perdue and Loeffler executed stock trades amid the coronavirus outbreak like Burr and both still refuse to call for investigations or clearly answer questions

ATLANTA — Following news that the FBI served a warrant to Senator Richard Burr and seized his cellphone over his coronavirus stock trades, it’s more clear than ever that both Senators David Perdue and Kelly Loeffler have lots to answer for in their similar stock trading scandals.

Perdue and Loeffler each dumped stocks after a private Senate briefing while investing in key firms like “a chemical company that supplies personal protective equipment.” But both senators have refused to clearly answer questions about their trades or call for a Senate Ethics Committee investigation. Instead, they’ve copied the same failed damage control stunt of selling off individual stocks — even while both are still keeping millions in shares despite their pledges.

Now, at a time when Georgia Republicans are facing “tight races” in part as a result of their growing scandals, Perdue and Loeffler are still refusing to come clean with Georgians and instead are continuing to blame anything and everyone else for the problems they’ve caused with their “unseemly” trading.

“Senator Richard Burr’s FBI warrant should be a wake up call for Senators David Perdue and Kelly Loeffler that it’s time to start answering questions and stop blaming others for their stock trading scandals,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “Georgians deserve answers, and this latest news clearly shows that if the Senators won’t provide them, law enforcement will.”


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