Senator Loeffler Sets the Record Straight

Addresses False Accusation on Stock Portfolio on Fox News

WASHINGTON, D.C. – U.S. Senator Kelly Loeffler (R-Ga.) today joined “America’s Newsroom” on Fox News to address the false stories and allegations regarding her stock portfolio.
 
Click here or on the below picture to watch.

 Highlights:
 
SENATOR LOEFFLER: “I do want to set the record straight. I’ve seen some of those stories. It’s absolutely false and it could not be true. If you actually look at the personal transaction reports that were filed, it notices at the bottom that I’m only informed of my transactions after they occur.”
 
SENATOR LOEFFLER: “I’m not involved in the decisions around buying and selling. There’s a range of different decisions made every day with regard to my savings and 401K portfolios that I’m not involved in.”
 
SENATOR LOEFFLER: “When we acquired the New York Stock Exchange, back when I was part of the company, we actually put the first set of rules in that prohibited discretionary trading. So, no longer do my husband and I have the ability to do discretionary trades, and that’s why it’s outsourced to third-party investment managers. And that’s why I’m up here in Washington working for hard-working Georgian families and families across our country so that the American dream can stay intact. I’ve spent the last 10 days, 24/7 around the clock working to hear the stories of our hard-working Georgians – waitresses, hospital administrators, state and county public health officials – to figure out what is needed, and I’ve advocated successfully to get that in the legislation that we’re advancing today.”