GOP Senator Kelly Loeffler’s coronavirus insider trading was far uglier than we thought
When the news broke that the FBI is investigating Republican Senator Richard Burr over his coronavirus-related insider trading, it raised the question of whether the other Republican Senators involved would also be investigated. It turns out Georgia’s Kelly Loeffler is not helping her case today.
Based on new reporting today from the Atlanta Journal-Constitution, not only did Senator Kelly Loeffler dump millions of dollars in stocks after she was privately briefed on the severity of the coronavirus crisis, she bought stock in a company that makes coronavirus protective wear. That’s right, she wasn’t just trying to get out of the overall stock market and cut her losses because she knew the economy was about to tank; she specifically tried to profit from it.
It’s not yet clear how serious or legitimate the current FBI probe is when it comes to this insider trading. After all, the FBI is still under the control of Donald Trump’s corrupt Attorney General Bill Barr. But if Trump loses the election, these insider trading senators are certainly going down for any laws they’ve violated.
