Kelly Loeffler’s Husband Suddenly Makes A Huge Donation To Pro-Trump Super PAC?
Loeffler’s husband made a $1 million dollar donation to a Pro-Trump Super PAC.
Why did Georgia Republican Senator Kelly Loeffler’s husband, Jeff Sprecher, suddenly decide to donate $1 million dollars to a pro-Trump super PAC this week?
Loeffler is under fire for reportedly using Intel from her position as Senator to profit off the Coronavirus pandemic.
Loeffler claims she did not control her stock portfolio and that her $20 million dollar stock trades were made without her knowledge.
She has submitted documents to AG Barr’s Justice Department in addition to the Securities and Exchange Commission. Both are investigating stock trades by senators around the Coronavirus pandemic.
Republican Senator Richard Burr stepped down temporarily as chairman of the Senate Intel Committee while he is being investigated for insider trading. Many believe that Trump and AG Barr wanted Burr removed as chair from the Senate Intel committee because Burr was investigating the Trump/Russia scandal.
Senator Marco Rubio, a Trump Toady, replaced Burr as Chair of the Senate Intel Committee.
Meanwhile, Loeffler 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 Coronavirus Crisis information she received a briefing about Coronavirus on January 24, 2020.
Loeffler denies any wrong doing, but she is one of several Republican senators who sold off stocks just prior to the stock markets collapse. She reportedly 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.
Georgia has two Senate seats up for grabs in 2020, increasing the Democratic Party’s chance to flip the Senate Blue.
Democrats only need to flip four Senate seats total to regain the majority.
Democrats hope to unseat the widely unpopular Senate Majority Leader Mitch McConnell. McConnell has refused allow a vote that would provide additional funding, up to $6000 per household, to Americans beyond the one-time $1200 payment.
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