GOP Richard Burr Steps Down as Senate Intel Chair, but Kelly Loeffler Profited From Coronavirus Briefing Too?
Georgia's Senator appears to have made illegal stock trades using Senate Intel in January to profit from the Corona Virus Pandemic.
Update: Republican Senator Richard Burr just stepped down as chairman of the Senate Intel Committee after being investigated for insider trading.
This is exactly what Trump and AG Barr wanted because Burr was investigating the Trump/Russia scandal.
Meanwhile, Republican Senator Kelly Loeffler has reportedly not even been contacted by the FBI.
Republican Senator Kelly Loeffler of Georgia is facing tough questions about whether she illegally traded millions of dollars in stocks using information she received from her position in U.S. Senate on the Corona Virus Pandemic.
Loeffler’s husband runs the New York Stock Exchange. Serious questions have risen about whether she and her husband profited off the Corona Virus Crisis information she received a briefing about Corona Virus on January 24, 2020.
Loeffler denies any wrong doing, but she is one of several Republican senators, including Burr, who sold off stocks just prior to the stock markets collapse. She did not have a blind trust in place.
Her political opponents smell blood in the water. Loeffler, who was appointed to her position—not elected—faces some tough challengers. This includes Democratic challenger Matt Lieberman, son of former Senator and 2000 Democratic Vice Presidential nominee Joe Lieberman.
Georgia has two Senate seats up for grabs this election increasing the Democratic Party’s chance to flip the Senate Blue and remove Senator Mitch McConnell as Majority Leader.