I do not make investment decisions for my portfolio. “This is a ridiculous and baseless attack. Loeffler said in a pair tweets Friday that she doesn’t control her and her husband’s financial assets and was informed of the sales on Feb. The sales, worth at least $1.2 million together, saved Loeffler and her husband from steep losses they would have incurred after the stock market’s crash began Feb. but nearly two weeks before community spread of the disease was confirmed within the country. 5-14, just days after the first confirmed coronavirus cases emerged in the U.S. The senator and her husband also sold $890,000 in stocks from Feb. 24-31, according to Senate records, after the coronavirus briefing hosted by the Senate Health and Foreign Relations committees. Loeffler and her husband, who is the chairman of the New York Stock Exchange, sold at least $355,000 in stocks from Jan. The sales raise questions about whether the senators violated the STOCK Act, a law that bans members of Congress from making financial trades based on nonpublic information. 24 with Trump administration officials on the threat of the coronavirus outbreak. Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.), Dianne Feinstein (D-Calif.) and Richard Burr (R-N.C.) each sold hundreds of thousands of dollars in stocks within days of the Senate holding a classified briefing on Jan. Four senators sold stocks shortly after a January briefing in the Senate on the novel coronavirus outbreak, unloading shares that plummeted in value a month later as the stock market crashed in the face of a global pandemic.Īccording to financial disclosure forms, Sens.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |