Sen. Kelly Loeffler (R-GA) gave documents on her stock transactions to the Department of Justice, along with the Securities and Exchange Commission and the Senate Ethics Committee, on Thursday.
Sen. Kelly Loeffler (R-GA) gave documents on her stock transactions to the Department of Justice, along with the Securities and Exchange Commission and the Senate Ethics Committee, on Thursday.
This may come as news to everyone who âexplainedâ at length yesterday why âonlyâ Burrâs actions were being questioned.
Sheâll have been too slick for that. Hubby runs the NYSE, knows how to inside trade without tripping the alarms.
Her mistake was getting appointed to the Senate, where they may not have realized that her normal insider trading habits might come under a bit more scrutiny.
On the one hand, that may appear to be the case but Iâm not sure that we actually know; and on the other hand, her actions and Burrâs were not the same.
(Iâm not suggesting here that she should, or should not, be prosecuted.)
It appears that if youâre a Trump lackey, youâll be fine with whatever. If youâre not, youâll get more scrutiny. According to Forbes, Loefflerâs actions are voluntary in order to clear her name:
The FBI has taken action on multiple cases of alleged insider trading by U.S. Senators, questioning Dianne Feinstein (D-Calif.) and seizing the phone of Richard Burr (R-N.C.), but not on cases involving Trump-friendly Senators Jim Inhofe (R-Okla.) and Kelly Loeffler (R-Ga.), prompting some to allege a political bias.
Yes but do we âknowâ if Barrâs thumb is on the scales or NOT concerning Loeffler? Iâm not saying Burr is âinnocentâ but there are way too many of these people doing the same thing to have focused on him.
I know. Itâs just snark. I have absolutely no idea how the stock market works. As formal Fed employees, my wife and I both have the equivalent of a 401K which she manages. So the pattern of alleged misfeasance is lost on me, other than the accused got information that a member of the public did not have access to.