Loeffler Claims No Advance Knowledge Of Stock Trades

March 21, 2020 Coronavirus, Republicans

Tucker Carlson grilled Sen. Kelly Loeffler, R-Ga., on Friday after allegations of insider trading-like behavior were lodged against her and three other U.S. senators. Loeffler’s husband is Jeffrey Sprecher, the chairman of the New York Stock Exchange (NYSE).

Loeffler told Carlson on Friday that her financial advisers make stock buying and selling decisions in her portfolio.

“I’m informed only after those trades are made and I have nothing in terms of a say on what buys and sells are executed and what the timing is. I’m only advised after it happens — almost concurrent with the public reporting that we do here,” she said.

Last night, Tucker Carlson to Loeffler:
CARLSON: I’m just wondering about the broader question of assuring the public that the economy is fine and coronavirus can be managed when, of course, given your position, you know that that’s not true. So, I’m asking you why you did that.

— Nicholas Wu (@nicholaswu12) March 21, 2020

LOEFFLER: That’s not true, Tucker. That's not true, Tucker.
CARLSON: OK.

— Nicholas Wu (@nicholaswu12) March 21, 2020

Tucker Carlson presses GA Senator Loeffler on why she SOLD her stock, but for ONCE a GOP wants to talk about health care! #Covid_19 pic.twitter.com/Net93p8kia

— Peter Morley (@morethanmySLE) March 21, 2020

I joined @TuckerCarlson tonight to set the record straight on my family’s financial portfolio and put to rest this dishonest narrative.

Here’s the truth. pic.twitter.com/Q9NgtBouXL

— Senator Kelly Loeffler (@SenatorLoeffler) March 21, 2020