LOEFFLER MUST ANSWER: As Report Shows Perdue Directed Stock Trades, Did Loeffler “Instruct” Her Advisers on Trading As Well?

November 30, 2020

New report shows Perdue “instructed” money manager on controversial stock trades, putting pressure on Loeffler to prove she wasn’t similarly controlling her own unseemly transactions

ATLANTA — After a recent bombshell New York Times report revealed Senator David Perdue “instructed” his money manager to execute specific stock trades despite months of claiming otherwise, now it’s Senator Kelly Loeffler’s turn: 

Will Senator Loeffler come clean and produce a broker agreement proving that she has not similarly “instructed” third party advisers to make trades on her behalf, like Perdue was caught doing?

Experts have already dismissed the idea that “outside financial advisers” like those both Loeffler and Perdue claim they used for their stock trading “preclude [senators] from directing an adviser to make specific transactions.” But both senators refuse to take the one step that would actually avoid all future conflicts and put their assets in a blind trust — as Senator Johnny Isakson did when he called blind trusts “the best way to comply…with the ethics disclosures.”

“After Senator David Perdue was caught lying about his control over his stock trades, it’s on Senator Kelly Loeffler to prove that she isn’t similarly trying to mislead voters and the press,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “Georgians deserve answers and evidence: Senator Loeffler, are you able to produce a broker agreement proving you did not ‘instruct’ outside advisers on your stock trades, or not?”


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