NEW: Trump Refuses to Defend Loeffler And Claims He Didn’t Know About Her Stock Trading After Appointing Her to Task Force

April 20, 2020

Despite previously defending Loeffler and other senators as “very honorable people,” Trump joins growing chorus of Republicans refusing to stand behind her after pandemic stock trades 

ATLANTA — In the latest example of her own party running from her increasingly toxic scandal, President Donald Trump yesterday refused to defend unelected “political mega-donor” Senator Kelly Loeffler, instead claiming he didn’t know about her coronavirus stock trading after he appointed her to his “economic revitalization” task force.

Trump had previously said that Loeffler and other senators accused of stock trading off the pandemic were “very honorable people” — before even more news emerged about Loeffler’s “unseemly” stock trading. 

Trump’s comments also come after fellow Republican Senator Martha McSally and White House economic advisor Larry Kudlow both “slammed” Loeffler’s trading scandal, and after Georgia Republican leaders have already warned about “down-ticket damage” from her scandal. Just last week, both Congressman Drew Ferguson and a major pro-Trump super PAC endorsed Loeffler’s opponent, top Trump ally Congressman Doug Collins, as the fallout from her scandal continues to damage her support within her own party.

“It’s no surprise that members of Senator Kelly Loeffler’s own party are refusing to defend her as her growing scandal continues to make her politically toxic,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “President Donald Trump’s comments are the latest evidence that Loeffler’s stock trading scandal isn’t going away any time soon, despite her many attempts at damage control and blame-shifting.”


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