Jeff Sprecher sent a $1 million check to the leading pro-Trump super PAC, even as his wife Sen. Kelly Loeffler been fending off criticism around her family’s stock trading
Sprecher’s donation came as Loeffler has faced increasing criticism over stock trading during the coronavirus pandemic. She offloaded stocks shortly after a classified briefing on Covid-19 in January.
Loeffler has steadfastly maintained she has done nothing wrong, saying she does not control her own stock trading. She later said she would no longer trade individual stocks.to the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee regarding the trading. “The documents and information demonstrated her and her husband’s lack of involvement in their managed accounts, as well the details of those accounts,” a statement from her office said last weekend.
Loeffler is facing a tough intra-party challenge for her seat from Rep. Doug Collins . Loeffler, Collins, and a handful of Democratic candidates will face off in November in a special election, with the top two candidates advancing to a runoff if no candidate breaks 50 percent.“Kelly Loeffler is a strong conservative voice for the people of Georgia,” NRSC chair Todd Young said in an interview with
. “She’s effectively representing them and she will continue to be an effective United States senator for the people of Georgia after November.”left vacant when Sen. David Perdue retired. But Georgia Gov. Brian Kemp bucked Trump and appointed Loeffler, who was sworn in as an interim senator in early January.to her campaign for November, loaning her campaign $10 million and pledging more.
Sprecher was not America First Action’s largest donor in April. Businessman Timothy Mellon gave $10 million to the super PAC.
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