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Tags: loeffler | stocks | insider trading | georgia | sec

Sen. Loeffler Continues to Deny Wrongdoing in Stock Selloff

close up of kelly loeffler wearing pearl earrings
Sen. Kelly Loeffler, R-Ga. (Drew Angerer/Getty Images)

By    |   Tuesday, 12 May 2020 02:12 PM EDT

Sen. Kelly Loeffler, who is facing continuing criticism over her stock trades following a briefing in March for senators about the threat of coronavirus, Tuesday called the controversy a "100 percent political attack" and insisted she did nothing wrong. 

"From day one, I have followed the letter and the spirit of the law,” the Georgia Republican, who took office in January after being appointed to replace retired Sen. Johnny Isakson, said on Fox News' "America's Newsroom." "I have welcomed any questions about this.”

Rep. Doug Collins, who is challenging Loeffler for her senate seat, and other critics have suggested Loffler allegedly engaged in insider trading after news surfaced that she and her husband sold stock after the Jan. 24 closed-door meeting between the Senate Health Committee, Trump administration officials, and Dr. Anthony Fauci. 

"The basis of everything that's been written is completely wrong," said Loeffler. “I'm not going to let politics distract me from the work that I'm doing for Georgia, for families, for making sure that we can recover from this crisis together safely and securely as a country. My number one focus is working for Georgians. It's not politics and these political attacks are doing a disservice to our state and our country.”

Loeffler is considering meeting with Securities and Exchange Commission regulators in hopes of a ruling that the trades were legal, Fox Business reported Monday. She says she didn't do anything wrong, and that she did not personally make the trades or use information that was not already publicly available. 

Sandy Fitzgerald

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2026 Newsmax. All rights reserved.


Politics
Sen. Kelly Loeffler, who is facing continuing criticism over her stock trades following a briefing in March for senators about the threat of coronavirus, Tuesday called the controversy a "100 percent political attack" and insisted she did nothing wrong. "From day one, I...
loeffler, stocks, insider trading, georgia, sec
254
2020-12-12
Tuesday, 12 May 2020 02:12 PM
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