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GOP’s Kelly Loeffler dumped retail stocks and scooped up shares in company that makes medical garments

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A new filing shows that Sen. Kelly Loeffler (R-GA) dumped millions of dollars more of stock last month, even as she invested in a company that specializes in producing protective medical gear.

The Atlanta Journal Constitution reports that the Georgia senator dumped more than $18 million worth of stock between February 26th and March 11th, which was after she had received classified briefings about the COVID-19 pandemic.

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The filings show that Loeffler and her husband, Intercontinental Exchange CEO Jeff Sprecher, “sold shares in retail stores such as Lululemon and T.J. Maxx and invested in a company that makes COVID-19 protective garments.”

Loeffler has insisted that she had no influence on stocks that were sold on her behalf by an investment firm, although that has not stopped critics from accusing her of insider trading.

In a video posted on March 10th, Loeffler posted a video in which she told her constituents that the state of the American economy was strong and that the Trump administration was on top of the coronavirus crisis.

“The good news is the consumer is strong, the economy is strong, jobs are growing,” she said. “Our president has done a fantastic job making sure that we’re in the best position to manage through this situation!”


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How Rudy Giuliani went from ‘America’s mayor’ to self-serving Trump sycophant

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After the al-Qaeda terrorist attacks of September 11, 2001, Republican Rudy Giuliani was widely praised for the leadership he showed as New York City’s mayor during one of the darkest times in the city’s history. But these days, many of the people who were praising Giuliani as a take-charge leader after 9/11 have become blistering critics — for example, MSNBC’s Joe Scarborough. And journalist Seth Hettena, in Rolling Stone, takes an in-depth look at Giuliani’s journey from “America’s mayor” to self-serving Trump sycophant.

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Pompeo is helping Trump destroy US credibility around the world — according to a former assistant secretary of state

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President Donald Trump has made it abundantly clear that he prefers loyalists in his administration. And Trump has no greater loyalist than Secretary of State Mike Pompeo, whose unquestioning devotion to the president is the focus of a scathing op-ed by Michael H. Fuchs (former deputy assistant secretary of state for East Asian and Pacific affairs) for The Guardian.

“Donald Trump’s disdain for the people, country and values his office is supposed to represent is unmatched in recent memory,” Fuchs asserts. “And he has found in the secretary of state, Mike Pompeo, a kindred spirit who has embraced his role as Trumpism’s number one proselytizer to the world.”

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Trump ‘completely blindsided party officials’ by threatening to pull GOP convention out of Charlotte

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This Memorial Day, President Trump took aim at North Carolina Gov. Roy Cooper and threatened to pull the Republican National Convention out of Charlotte, saying that Cooper couldn't guarantee that the venue would be filled to capacity.

In a series of tweets, Trump said that although he loves the state of North Carolina so much that he "insisted" on having the convention there.

"Unfortunately, Democrat Governor, @RoyCooperNC is still in Shutdown mood & unable to guarantee that by August we will be allowed full attendance in the Arena," he wrote. "In other words, we would be spending millions of dollars building the Arena to a very high standard without even knowing if the Democrat Governor would allow the Republican Party to fully occupy the space."

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