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Dem. Party of Ga Calls for Ethics Investigation of Loeffler and Perdue

After news that Perdue and Loeffler sold stock after all-Senate briefing on coronavirus outbreak, Democratic Party of Georgia Chair Williams calls for Ethics Committee to investigate

After news that Perdue and Loeffler sold stock after all-Senate briefing on coronavirus outbreak, Democratic Party of Georgia Chair Williams calls for Ethics Committee to investigate

Following recent news that U.S. Senators from Georgia Kelly Loeffler and David Perdue spent the last few weeks selling stocks while investing in telework and pharmaceutical stocks after a private all-Senate briefing on the coronavirus outbreak, Democratic Party of Georgia (DPG) Chair Nikema Williams released the following statement:

“Both Senators Perdue and Loeffler betrayed the public trust when they made massive stock sell-offs after receiving a private briefing, and they must explain themselves to Georgia families who are suffering during this pandemic. Each should submit to a full investigation by the Senate Ethics Committee so we can fully understand if they used their Senate positions to profit off this public health crisis.”

Loeffler has denied the claims as the Democrats laid out:

“I want to set the record straight: This is a ridiculous & baseless attack,” said Sen. Loeffler. “I don’t make investment decisions for my portfolio. Investment decisions are made by multiple third-party advisers without my or my husband’s knowledge or involvement.”

 

 

Jessica Szilagyi is a Statewide Contributor for AllOnGeorgia.com. She focuses primarily on state and local politics as well as issues in law enforcement. She has a background in Political Science with a focus in local government and has a Master of Public Administration from the University of Georgia. Jessica is a "Like It Or Not" contributor for Fox5 in Atlanta and has two blogs of her own: The Perspicacious Conservative and "Hair Blowers to Lawn Mowers."

2 Comments

2 Comments

  1. Avatar

    NELDA SMITH

    March 22, 2020 at 3:43 pm

    THANK YOU , GOVERNOR KEMP , FOR “SENATOR” KELLY LOEFFLER. REMINDS ME OF THAT SONG LYRIC “YOU KNEW I WAS A SNAKE WHEN YOU TOOK ME IN”….SHE IS FRIENDS WITH AND DOES BUSINESS WITH CROOKED STACY ABRAMS – WHAT DID YOU EXPECT?

    AND, SENATOR DAVID PERDUE – LOEFFLER’S HUBBY – WALL STREET SHAKER & MOVER – MAYBE GAVE INSIDER TRADE ADVICE? DID YOU KNOW THIS CORONAVIRUS WAS COMING BEFORE THE PUBLIC DID? I VOTED FOR YOU…SHOULD I BE ASHAMED?

  2. Avatar

    Andrew Brooks

    March 23, 2020 at 7:13 am

    So are you saying that you didn’t contact your brokers or third-party advisers? Call, text or email? Maybe we need to check what Kemp sold during this time also. If he sold then he must have gotten a phone call or text.

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