The @GOP’s hopes of holding the Senate rest on two candidates who both committed insider trading while in office. The same thing that former Congressman Chris Collins is in prison for now.
What would happen if they won the election and then later were charged w/insider trading?
What would happen if they won the election and then later were charged w/insider trading?
So, follow me here.
Loeffler, right after taking office, got a secret briefing on COVID before the country knew its dangers. And just happened to have sold and bought lots of stock in companies that would be affected by the pandemic right afterward. https://www.npr.org/2020/04/13/832859747/stock-trades-after-coronavirus-briefing-complicate-loefflers-reelection-bid
Loeffler, right after taking office, got a secret briefing on COVID before the country knew its dangers. And just happened to have sold and bought lots of stock in companies that would be affected by the pandemic right afterward. https://www.npr.org/2020/04/13/832859747/stock-trades-after-coronavirus-briefing-complicate-loefflers-reelection-bid
Perdue has appeared to be trading on companies directly affected by his official duties - a LOT. 2,596 trades in less than six years in the Senate. https://www.nytimes.com/2020/12/02/us/politics/david-perdue-stock-trades.html
Loeffler and her husband made a big donation to a pro-Trump Super PAC right after news of the stock trades came out.
And right around the same time, the DOJ announced it was closing the investigation into it.
https://www.politico.com/news/2020/05/20/kelly-loeffler-trump-super-pac-272626
https://abcnews.go.com/Politics/doj-closing-insider-trading-investigations-loeffler-feinstein-inhofe/story?id=70890955
And right around the same time, the DOJ announced it was closing the investigation into it.
https://www.politico.com/news/2020/05/20/kelly-loeffler-trump-super-pac-272626
https://abcnews.go.com/Politics/doj-closing-insider-trading-investigations-loeffler-feinstein-inhofe/story?id=70890955
And the DOJ had investigated Perdue’s stock trades. https://www.usnews.com/news/top-news/articles/2020-11-25/stock-trades-by-senator-perdue-said-to-have-prompted-doj-inquiry-nyt
So what would happen if these prior actions ended up leading to future charges?
Could a scenario exist in which Georgia could end up having to have Special Senate elections ... again?
Could a scenario exist in which Georgia could end up having to have Special Senate elections ... again?
On the other hand, it’s not impossible that Trump could try to preemptively pardon Perdue and Loeffler. Which would carry its own scent of stink if it happened. Would Georgia be the first state in history to be represented by two Senators who both received Presidential pardons?