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‘Insider trading’ senator named to Trump’s ‘reopen America’ coronavirus task force
A Georgia senator who’s accused of insider trading on coronavirus information has been named to President Trump’s task force on reopening America.
Sen. Kelly Loeffler says she’s looking forward to pitching in on the panel to help “get Americans back to work safely."


[ltr]Thank you, @realDonaldTrumpfor appointing me to your task force on re-opening America safely in the wake of #COVID19.

With 22 million Americans filing for unemployment, it’s clear we must start working to revive our economy and get the American people back to work safely.
[/ltr]


Loeffler, a strong Trump supporter, is one of several GOP lawmakers flagged for making suspicious stock transactions shortly after receiving official briefings about the staggering potential impact of the pandemic.
A wealthy investor, Loeffler made millions of dollars of trades in stocks at a time when the public, and other shareholders, were in the dark about the extent of the economic carnage the virus was expected to cause.

She contends that she did nothing wrong and says all the trades were made by a financial adviser who knew nothing about her inside info on coronavirus.
But she later moved to sell all her holdings in stock of individual companies, which rivals called a “guilty plea” to accusations of improper trades.

Loeffler is locked in a tight special election fight to hold onto the senate seat she was appointed to fill when Sen. Johnny Isakson resigned for health reasons.
Rep. Doug Collins (R-Ga.), another right-wing Trump backer, is also in the crowded race along with Democrat Raphael Warnock. The top two finishers in the November special election will vie in a January run-off.
Besides Loeffler, GOP Sen. Richard Burr (R-North Carolina) is also under serious pressure to resign over coronavirus insider trading accusations.
He is reportedly facing a criminal investigation for dumping stocks after getting a secret briefing about the pandemic and while he reassured the public that there was little to worry about.
The nasty charges could scramble GOP hopes to hold onto the Senate, where Republicans hold a 53-47 majority.

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