Sen. Kelly Loeffler Sold Millions in Stock After Secret Govt. Coronavirus Meeting in January
Sen. Kelly Loeffler (R-GA) and her husband sold seven figures worth of stock holdings on Jan. 24 (and after) following a top secret meeting on the coronavirus with the Senate Health Committee on Jan. 24.
Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak. These men and women are working around the clock to keep our country safe and healthy. #gapol https://t.co/5866TrrEFc— Senator Kelly Loeffler (@SenatorLoeffler) January 25, 2020
Loeffler and her husband sold more stock in the days and weeks following, reports The Daily Beast:
That first transaction was a sale of stock in the company Resideo Technologies worth between $50,001 and $100,000. The company’s stock price has fallen by more than half since then, and the Dow Jones Industrial Average overall has shed approximately 10,000 points, dropping about a third of its value.
It was the first of 29 stock transactions that Loeffler and her husband made through mid-February, all but two of which were sales. One of Loeffler’s two purchases was stock worth between $100,000 and $250,000 in Citrix, a technology company that offers teleworking software and which has seen a small bump in its stock price since Loeffler bought in as a result of coronavirus-induced market turmoil.
Loeffler falsely claimed on Feb. 28 that the Trump administration was keeping “Americans safe & healthy.”
Democrats have dangerously and intentionally misled the American people on #Coronavirus readiness.— Kelly Loeffler (@KLoeffler) February 28, 2020
Here’s the truth: @realDonaldTrump & his administration are doing a great job working to keep Americans healthy & safe. https://t.co/DaDX5wpeUj