Loeffler attempts to do damage control on “political firestorm” over her and her husband’s coronavirus stock trading even as she refuses to follow her predecessor Senator Isakson’s example and put assets in a blind trust
ATLANTA — Unelected “political mega-donor” Senator Kelly Loeffler is still trying to manage the fallout from her attempts to distract from her “coronavirus trading uproar” while refusing to place her assets into a blind trust or calling for a Senate Ethics Committee investigation like her fellow Senator Richard Burr.
After first claiming to the Washington Post this week that she “can’t say anything that [she] would have done differently” regarding her stock transactions during the coronavirus outbreak, Loeffler abruptly backtracked yesterday as she continues to come “under fire” from members of both parties for her stock trading history. Loeffler and her husband had previously sold off millions in stock before the market dropped — including shares in a travel booking firm — while investing in “a company that makes COVID-19 protective garments.”
Yet even after this latest attempt at damage control, Loeffler still has not clearly answered questions about “how her portfolio is managed” nor why she won’t put her assets in a blind trust like her predecessor Senator Johnny Isakson. Georgia Republican leaders are now fretting about “down-ticket damage” from Loeffler’s scandal while the chair of the Republican National Committee claimed she is “very concerned about Georgia” and openly worried the race could “get so divisive that…it hurts us keeping that seat.”
Read what they’re saying about Loeffler’s attempts to distract from her stock trading scandal:
- The Daily Beast: Kelly Loeffler to Liquidate Stock Amid Coronavirus Trading Uproar
- The Daily Beast’s Lachlan Markay:
- Vox’s Matt Yglesias:
- The Daily Beast’s Noah Shachtman:
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