Last Updated on March 20, 2020
California Democrat Sen. Dianne Feinstein of California and Republican Sens. Kelly Loeffler of Georgia and Richard Burr of North Carolina are implicated in the Coronavirus insider trading scandal. Each of these senators dumped stock after obtaining inside briefing information on the Coronavirus outbreak, which they knew would likely become a public health and economic catastrophe, tanking the stock market.
#LockThemAllUp was trending on Twitter as news surfaced about the senators’ shockingly cynical manipulations.
As a journalist, I was instrumental in Georgia governor Brian Kemp’s victory over Stacey Abrams in the gubernatorial race when I busted Abrams’ vote-stealing tactics and shady factors favoring her including shenanigans in Fulton County where a massive number of duplicate ballots surfaced and non-citizens were trying to vote.
Kemp then betrayed the tea party and appointed establishment oligarch Loeffler, wife of the CEO of the company that owns the New York Stock Exchange, to the open U.S. Senate seat over conservative Doug Collins, who is running for the Senate currently against Loeffler.
“People are losing their jobs, their businesses, their retirements, and even their lives and Kelly Loeffler is profiting off their pain? I’m sickened just thinking about it,” Rep. Doug Collins said in a statement provided to National File.
The Daily Beast reports: “The Senate’s newest member sold off seven figures’ worth of stock holdings in the days and weeks after a private, all-senators meeting on the novel coronavirus that subsequently hammered U.S. equities.
Sen. Kelly Loeffler (R-GA) reported the first sale of stock jointly owned by her and her husband on Jan. 24, the very day that her committee, the Senate Health Committee, hosted a private, all-senators briefing from administration officials, including the CDC director and Anthony Fauci, the head of the National Institute of Allergy and Infectious Diseases, on the coronavirus.
“Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak,” she tweeted about the briefing at the time.
That first transaction was a sale of stock in the company Resideo Technologies valued at between $50,001 and $100,000. The company’s stock price has fallen by more than half since then, and the Dow Jones Industrial Average overall has shed approximately 10,000 points, dropping about a third of its value.”
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Loeffler is garnering even more heat now.
Republican House candidate calls for Loeffler to resign. This will only get worse for her. Internal polling shows her down 14 among Republicans to Doug Collins BEFORE this massive scandalhttps://t.co/k35r1rNnXN
— Patrick Howley (@HowleyReporter) March 20, 2020