Allegation of dumping of the stock of GOP Senator PSA Coronavirus PSA is not going down well


Senator Kelly Loeffler (R-Ga.) – who allegedly sold stocks before the coronavirus crisis after attending in camera meetings of Congress over his imminent threat – encouraged people to stay strong in a video posted online Wednesday.

Loeffler spoke of “the great moments that remind us that we are all humans together, working hard to keep each other safe, strong and healthy” in the 36-second clip.

The PSA, however, was not well received.

Watch the video here:

Loeffler is said to have sold more than $ 1 million worth of stocks she owned with her husband before markets collapsed in response to the pandemic, protecting her from the types of losses many Americans have suffered in their savings. -retirement.

Critics criticized Loeffler for failing to warn the public of the threats posed by the virus and reminded him that she had initially minimized the danger. The United States is now the epicenter of the pandemic.

Loeffler, however, defended the transactions, tweeting that the investment decisions for his portfolio “are made by several third-party advisers without my knowledge or my husband or the stake. “

“These were completely discretionary deals as decided by our investment managers,” said Loeffler in an interview with CNBC on Friday. “We did not participate, and in fact, I do not know these trades until these reports were compiled at the end of the reporting period. “

Loeffler’s critics didn’t buy it:

A HuffPost Guide for Coronavirus


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