over the controversy, saying that it "isn't worth the distraction."
The $9 million from Intercontinental Exchange, a publicly traded company whose CEO is Loeffler's husband, is likely to fuel further questions about Loeffler's wealth. The payout included a $7.8 million stake in Bakkt, an Intercontinental-owned cryptocurrency company, according to The New York Times report.
Loeffler was "instrumental in the launch and growth of that company," an Intercontinental Exchange spokesman told Business Insider in a statement. "We admire Kelly's decision to serve her country in the U.S. Senate and did not want to discourage that willingness to serve." A spokesperson for Loeffler said she "left millions in equity compensation behind to serve in public office" and that "she brings unparalleled business experience to helping solve our nation's challenges at a time when we need to rebuild our economy and restore jobs." , Rep. Doug Collins, in polls following the controversial trades earlier last month. , noting she volunteered it to bring home Georgians who were stranded due to the coronavirus.
Way to conflate two completely separate events. Of course she got paid out when leaving her private sector job for public service. As far as the stock sale is concerned, if she is proven to have used the information in her privileged briefings to sell, then the SEC will indict
“The issue isn’t worth the distraction”
This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated.
so why is she not in jail yet
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Source: BusinessInsider - 🏆 729. / 51 Read more »