The Justice Department also dropped its investigation into the senator last month.
The Senate Ethics Committee on Tuesday dropped its investigation into stock trades made by Senator Kelly Loeffler as the coronavirus outbreak was gathering steam—but it might not be enough to help her hold onto her Senate seat.... [+]Photo by Chip Somodevilla/Getty ImagesThe Senate Ethics Committee did not find evidence Loeffler violated federal law or Senate rules.
Loeffler was accused of acting on information gleaned from private briefings to members of Congress on the dangers of the coronavirus outbreak to sell stocks in late February and early March, before the market took a steep dive. She has maintained her innocence and said that her financial advisor was responsible for the nearly $20 million in stock trades, but her case has gotten more scrutiny because Loeffler’s husband, Jeffrey Sprecher, is the CEO of the Intercontinental Exchange, which owns the New York Stock Exchange.She is still dealing with the optics of the trades during her reelection campaign, with most
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