Press Releases

Kelly Loeffler Refuses to Be Outdone When It Comes to Corruption

Dec 01, 2020

David Perdue, whose numerous stock trading scandalshave quickly become his signature issue in Congress, isn’t the only corrupt senator in Georgia. Since the moment she was sworn into office last January, unelected Kelly Loeffler’s record has been riddled with rampant corruption, ethics violations and conflicts of interest. 

Headlines exposing Loeffler’s ethics violations and corruption in the last month alone: 

Newsweek: Kelly Loeffler Accused of Violating Senate Ethics Rules With Fundraising Appeal in Federal Building
Senator Kelly Loeffler (R-GA) has been accused of violating Senate ethics rules by soliciting donations in the U.S. Capitol building. She made the appeal for campaign contributions on Fox News.

Salon: Kelly Loeffler’s disclosures appear to omit the holding company that operates her private jet
Sen. Kelly Loeffler, R-Ga., the unelected multimillionaire senator now heading for a runoff election in January, appears to have omitted a holding company from her federally mandated financial disclosures, which would violate Senate ethics rules and federal law.

Salon: Kelly Loeffler marketed derivatives during Great Recession at world’s most notorious tax haven
… Salon reported in September that Sen. Kelly Loeffler, the ultra-wealthy unelected Georgia senator who faces a heated runoff this January, helped establish and market that tax dodge and give the banks a new lease on derivatives trading. 

“With less than 365 days on the job, Kelly Loeffler has made a stunning example out of why corrupt political mega-donors shouldn’t be appointed to public office. She’s embroiled herself in every shady scheme possible to benefit her own bottom line. Every scandal linked to her name is a disservice to hardworking Georgia families,” said End Citizens United President Tiffany Muller

A breakdown of Loeffler’s corruption: 

Kelly Loeffler’s corrupt conduct started before she stepped foot in Washington during her appointment process. Loeffler and her husband, who is the chairman of the New York Stock Exchange, are prominent mega-donors who gave $3.2 million to political committees, 97 percent of which went to Republican candidates and causes. After private meetings with Governor Brian Kemp, Loeffler submitted a last-minute application and pledged to spend $20 million of her own fortune to defend the Republican-held seat. Even though Loeffler self-funded, she still solicited donations from the U.S. Capitol once in the Senate, which is a violation of Senate rules prohibiting the solicitation of contributions in federal buildings. On January 24th of 2020, Kelly Loeffler attended a private Senate briefing on the coronavirus from officials including Dr. Anthony Fauci. That day, she and her husband dumped seven figures worth of stock, and then in February invested six-figures in companies that seemed poised to profit at the onset of the pandemic. 

Over the course of subsequent weeks, she and her husband dumped seven figures worth of stock and in February invested six-figures in companies that seemed poised to profit at the onset of the pandemic.

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