Posts Slider

January 16, 2022

U.S. Voters

Voters News, tools and information

Sen. Kelly Loeffler’s Insider Trading Secrets Hit Headlines

2 min read

Senator Kelly Loeffler’s insider trading scandal is becoming more and more damning! John Iadarola and Jayar Jackson break it down on The Damage Report. Follow The Damage Report on Facebook:

Help build the Home of the Progressives

Subscribe to The Damage Report YouTube channel:

Follow The Damage Report on Instagram:

Follow The Damage Report on Twitter:

Read more here:

"A senator’s husband could be in hot water after buying over $1 million in stocks this spring just before provisions of federal coronavirus relief became public. Jeffrey Sprecher is the head of the company that owns the New York Stock Exchange and husband to Sen. Kelly Loeffler (R-GA). HuffPost reported that in mid-March Sprecher went on a buying spree while the stock market was in free-fall, reversing a selloff trend in his own trades from weeks prior. The CARES Act set aside billions of dollars in aid for the country, including tax write-offs for industries Sprecher bought stock in. At the time of his purchases, the CARES Act was still being written and wasn’t yet public, but Senate Republicans, including Loeffler, had received closed-door briefings of its provisions. If Sprecher acted with nonpublic information from Loeffler, that would be illegal. Both Loeffler and Sprecher have been facing questions about their stock portfolio since the start of the pandemic. Just weeks before her husband began his March buying spree, Loeffler sold off millions in stocks ahead of the onset of the pandemic, The Daily Beast previously reported. A Justice Department inquiry into Loeffler’s trades concluded without criminal charges. Loeffler is in a run-off election for her senate seat this winter, and if she loses, it could help Democrats take over the Senate."

#TheDamageReport #JohnIadarola #TheYoungTurks

More from: The Damage Report

Posts Grid

1 min read

After the 2020 election, Trump's allies sent fake certificates to the National Archives declaring that Trump won seven states that he actually lost. John Iadarola...

1 min read

Arizona Senator, Krysten Sinema has told friend her true political intention. She is absolutely delusional! John Iadarola and Brett Erlich break it down on The...

1 min read

This right-wing grifter is really threading the needle for Donald Trump in this interview. John Iadarola and Jayar Jackson break it down on The Damage...

1 min read

A Turkish farmer is using virtual reality to make cows happy so that they produce more milk. John Iadarola and Jayar Jackson break it down...

1 min read

Did the Delta and Omicron variants mutate into one?John Iadarola and Senator Nina Turner break it down on The Damage Report. Become a TDR YouTube...

1 min read

An Illinois Republican says teachers should be neutral on nazism and fascism. John Iadarola and Senator Nina Turner break it down on The Damage Report....