My husband in January and February sold shares of a cancer therapy company. Kelly Loeffler has had two results come back positive and negative Credit: REUTERS Who is Kelly Loeffler? Senator from Georgia, David Perdue, claimed without evidence that there had been "failures" in the election, and called for the resignation of the Georgia Secretary of State Brad Raffensperger, a fellow Republican. In response to criticism, she left the subcommittee in May but remained a . There's one problem: The $46.5 million venue, which the multi-millionaire Loeffler will profit from, was entirely funded by taxpayers. Have something to tell us about this article? [20] In February 2021, Loeffler sold her stake in the team. By Hayden Bird. . Until recently, Loeffler was an active owner, attending games and having players over to her home. Because Kelly Loeffler is from Illinois. Loefflers company, the financial platform Bakkt, is a subsidiary of Intercontinental Exchange. [60] Loeffler and Sprecher had sold at least $18.7 million in Intercontinental Exchange stock before the 2020 stock market crash. Jeffrey Sprecher's company owns the New York Stock Exchange which has made him a visible player in the financial industry. Kelly Loeffler was born on November 27, 1970 in Bloomington, Illinois, USA. [25][26], Loeffler considered seeking the Republican nomination in the 2014 United States Senate election in Georgia but ultimately passed on the race because of Intercontinental Exchange's pending acquisition of the New York Stock Exchange. GRV Media Ltd, 18 Mulberry Avenue, Widnes. [72] Loeffler later said that the movement was "based on Marxist principles" and threatens to "destroy" America. Atlanta Magazine reports the couples purchase of a lavish estate in Atlantas Buckhead area was the most expensive real estate transaction ever completed in the city. After the November election, Loeffler and the other U.S. Raphael Warnock, her Democratic challenger in a Jan. 5, 2021, runoff election, at a debate in Atlanta on Dec. 6, 2020. Advertisement. She planned to spend $20million of her own money on her campaign. When you heard someone mutter that "so-and-so needs to go back where he came from . Appointed Sen. Kelly Loeffler (R-GA) drew a lot of criticism for her performance in the nationally televised debate between her and her Democratic opponent Rev. Kelly Lynn Loeffler (/ l f l r /, LEF-lr; born November 27, 1970) is an American businesswoman and politician who served as a United States senator for Georgia from 2020 to 2021. The Republican is a staunch Trump supporter and once said that she doesn't disagree with anything the . Since then she has used her private plane to campaign around the state and commute to Washington D.C. She now faces a Republican primary to retain the party's nomination, with Trump ultra-loyalist congressman Doug Collins running against her - and the winner faces an energized Democratic party which came within 50,000 votes of winning the gubernatorial election in 2018. 22:26 EST 01 Apr 2020. [2] She lost the runoff election to Warnock. Kelly Lynn Loeffler (/lflr/, LEF-lr; born November 27, 1970) is an American businesswoman and politician who served as a United States senator for Georgia from 2020 to 2021. According to the Center for Responsive Politics, Sprecher and Loeffler had donated more than $3 million to political candidates as of December 2019. 'Understanding the assumption many could make in hindsight however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full transparency.'. Market data provided by Factset. According to the Journal, the stocks they dumped would have been worth $86,000 less if they had held them. He acquired the energy-trading business Continental Power Exchange in 1997 for $1, eventually changing the name to the Intercontinental Exchange or ICE. Raphael Warnock.Viewers noticed . She is shown above joining President Donald Trump at a rally in support of Sen. David Perdue (R-GA) and . [40] Loeffler opposed abortion and supported anti-abortion legislation. [22], According to OpenSecrets, as of December 2019, Loeffler and her husband, Jeffrey Sprecher, had donated $3.2million to political committees. One year ago, the Daily Beast published a report claiming Republican then-Sen. Kelly Loeffler of Georgia "dumped millions in stock" following her attendance at a private Jan. 24 Senate Health . TRUMP URGES GEORGIA TO VOTE IN SENATE RUNOFFS AT RALLY, STILL HITS 'RIGGED' ELECTION, An interesting thing happened. To see all content on The Sun, please use the Site Map. REPUBLICAN Senator Kelly Loeffler is reportedly worth millions of dollars and is the richest person in congress. Sprechers annual compensation appears to have risen substantially over the past several years, especially since purchasing the New York Stock Exchange. Now both face problems as their share sales are part of Justice Department inquiry. According to spokeswoman Kerry Rom: 'Sen. Collins appears to have taken the $56,000 figure from the 2015 sale of Mao [II.96]which matches the red and orange color scheme of the Mao tied to Loefflerfor $56,250 at Sotheby's New York. To start paying for it, College Park, Georgia, took $9 . He donated $2,000 to her primary campaign in 2007. Sen. Kelly Loeffler (R-Ga.) waits for an interview to . [74][75], During her 2020 campaign, Loeffler said that she had never disagreed with Trump. Just curious. [91] His win was attributed to a large black voter turnout in the runoff. [46], On gun issues, Loeffler received "A" ratings from the National Rifle Association and Gun Owners of America. [57] Between January 24 and February 14, the couple sold between $1.275 and $3.1 million worth of stock in 27 companies, while buying stocks worth between $450,000 and $1 million, including in Citrix, which develops remote collaboration software. But when the state's senior senator, Johnny Isakson, announced he was stepping down in November 2019 she applied for the vacant seat - which was in the gift of Georgia's Republican governor. Experts call for UK officials to consider issuing millions of masks because the crisis is spiralling out of control - despite claims they are pointless, Dow closes down 973 points in 4.4% plunge after Trump warned that the next two weeks of the coronavirus pandemic would be 'very, very painful', Virus expert says all 50 states need to be on lockdown at the same time otherwise the coronavirus curve won't flatten and predicts social distancing will continue for another 10 weeks - as Bill Gates warns failing to shut down is a 'recipe for disaster', Funko, Inc. SALE $25,033, Royal Family will find it 'impossible' to compromise with Sussexes, Rapidly growing cemetery filled with Vladimir Putin's 'prisoner army', Russian pro-war fanatic warns Britain could be 'wiped off the map', BBC Breakfast celebrates forty years of hilarious bloopers, Ken Bruce will be joining the Greatest Hits Radio family in April, As it happened: UK Government blocks Scotland's new gender law, Bungling helicopter pilot blows over stadium roof injuring eight. Odd how that works, one person noted while another wrote, Or maybe we could *not* attack female politicians for their appearance? Brian Kemp appointed her to fill the seat left vacant . She and her husband also purchased stocks valued at between $450,000 and $1 million, including in Citrix, a company that benefits when people are working from home. Proud American, businesswoman, philanthropist, and conservative champion. [91] That same day, Loeffler planned to object to the certified election results, but after the storming of the United States Capitol, she withdrew her objection and accepted the results. July 9, 2020 Those changes would also have been put in place two weeks before Loeffler departed the company on Dec. 20, with a severance package that ultimately totaled some $9 million, after stock options . He reportedly owns more than 40,000 ICE stocks valued at more than $340 million. [7][30][31][32], On January 6, 2020, Loeffler was sworn into the Senate. Is Kelly Loeffler married and does she have children? [73] In August 2020, players from the Dream and several other teams wore "Vote Warnock" T-shirts in support of one of Loeffler's Democratic challengers in the special election. Sprecher reached this vaulted position by building up his Atlanta-based company. [7][8] She has a brother, Brian. Jeffrey Sprecher is married to Kelly Loeffler, the businesswoman and WNBA team co-owner who represented Georgia in the U.S. Senate after Gov. We stand against racism and the oppression of people of color. They began selling stocks on January 24, the same day Loeffler attended a private briefing of the Committee on Health, Education, Labor & Pensions on the spread of the disease, before the public had been alerted to its severity. [68][69][70] She stated her opposition to the Black Lives Matter movement, saying it "advocates things like defunding and abolishing the police, abolishing our military, emptying our prisons, destroying the nuclear family" and "promotes violence and antisemitism". [1] Loeffler is a member of the Republican Party. In reality, Sen. Kelly Loeffler (R-Ga.) doesn't even have a hunting license, according to records obtained by the progressive group American Bridge, The Atlanta Journal-Constitution reported. ", "Mary Brock And Kelly Loeffler: Running The WNBA's Atlanta Dream", "How politics transformed Kelly Loeffler from hoops junkie to WNBA villain", "WNBA Team Co-Owned By Ex-Sen. Kelly Loeffler Is Sold After Players' Criticism", "Loeffler Got Lucrative Parting Gift From Public Company en Route to the Senate", "Georgia's Kelly Loeffler and her husband have donated to Republican and Democrat candidates", "GOP Senate appointee Kelly Loeffler has extensive history of giving to Republicans and a few Democrats", "Sen. Loeffler's husband cuts $1 million check to pro-Trump super PAC", "Kelly Loeffler's Husband Pours $1 Million Into Pro-Trump Super PAC", "Sen. Johnny Isakson to resign at the end of 2019 - Georgia Republican has Parkinson's disease, faces other health challenges", "In secretive trip, Georgia governor tried to sell Trump on Senate pick", "Georgia gov expected to tap finance exec to US Senate next week", "Kemp taps Kelly Loeffler, financial exec, to US Senate seat", "Vice President Pence will swear Kelly Loeffler into the Senate on Monday", "Sen. Kelly Loeffler sworn in, becomes first Ga. woman to truly hold office", "2 GOP senators run divergent races in battleground Georgia", "Georgia Senate pick Kelly Loeffler introduces herself as anti-impeachment and pro-Trump", "Georgia Gov. Legal Statement. Loeffler and her husband's overall trades didn't pay off, however. Kelly Loeffler no longer a WNBA team owner as NBA approves sale of Atlanta Dream. It may have all seemed worth it to Loeffler when she soundly beat Collins and made the cut for the January 5 general-election runoff, which will determine control of the Senate with her colleague . Let's break it down", "Kelly Loeffler quarantining after testing positive for the coronavirus, then getting inconclusive result", "Loeffler blames China for Trump's coronavirus diagnosis", "Kelly Loeffler changes course, chooses to certify Joe Biden as president", "Sen. Kelly Loeffler sold at least $18 million more in stocks before the coronavirus crash than previously reported", "Senators' stock sales under fire after coronavirus tanked markets", "Exclusive: Justice Department reviews stock trades by lawmakers after coronavirus briefings", "Sen. Kelly Loeffler Dumped Millions in Stock After Coronavirus Briefing", "Sen. Loeffler, NYSE owner CEO husband defend stock sales after her coronavirus briefing", "Sen. Loeffler to Divest From Stocks After Criticism for Trades Ahead of Coronavirus Market Slump", "Justice Department Closes Investigations Of 3 Senators; Burr Inquiry Continues", "Senate Ethics Committee drops probe of Loeffler stock trades", "Loeffler will cut huge check for Georgia special election", "Georgia House bill would eliminate 'jungle primary' for Sen. Loeffler", "Collins launches Georgia Senate bid, setting up GOP clash", "Dream co-owner Kelly Loeffler critical of WNBA's Black Lives Matter initiative", "WNBA players wear 'Vote Warnock' shirts to oppose Dream co-owner Kelly Loeffler", "Loeffler opposes WNBA's plan to spread 'Black Lives Matter' message", "Senator and WNBA owner Kelly Loeffler fears for league's 'American values', "Players Call for WNBA to Remove Atlanta Dream Co-Owner Kelly Loeffler", "Sen. Kelly Loeffler, co-owner of WNBA's Atlanta Dream, says Black Lives Matter threatens to 'destroy' America", "WNBA players wear shirts backing political opponent of Atlanta Dream co-owner Kelly Loeffler", "A WNBA owner dismissed player protests. According to the Center for Responsive Politics, Loeffler mainly self-funded her Senate campaign. Greene had a history of promotion of the QAnon conspiracy theory and of commentary that has been considered racist. Pep Guardiola gives update on his Man City future, Brett Eldredges relationship status revealed, I hope Leeds fans understand: PL 28-year-old asked about Whites exit in 2017, {{^disable_secondary_title}} {{#secondary_title}} {{secondary_title}} {{/secondary_title}} {{^secondary_title}} {{title.raw}} {{/secondary_title}} {{/disable_secondary_title}} {{#disable_secondary_title}} {{ title.raw }} {{/disable_secondary_title}}, 2023 GRV Media Ltd. All Rights Reserved. Lawmakers are prohibited from using information gleaned on Capitol Hill for their financial benefit due to the STOCK Act. Loeffler's federal financial disclosures put the value in the range of $5 million to $25 million, and indicate that the plane is jointly owned by Loeffler and her husband, Jeffrey Sprecher, chair of the New York Stock Exchange. Where're Your People. [88] At the rally, he asked his supporters to vote for Loeffler, also repeating debunked voter fraud allegations. Some of that money came from her husband. This meant if Democrats won both seats, which they ultimately did, they would take control of the senate in a 5050 tie, because of the Vice President Kamala Harris having a tie breaking vote. That is the company that owns the New York Stock Exchange. His deal-making was backed by Goldman Sachs but he is from a humble midwestern background in Wisconsin and would stay at his sisters' New York apartments when traveling to the city for business. Here at Politically Speaking, when we see, we speak! Loeffler is married to Jeffrey Sprecher, who is the founder and CEO of ICE. Raphael Warnock (D) on Tuesday brings to an end one of the most ignominious Senate terms in modern memory. [81] According to Politico, Loeffler repeated Trump's baseless claims of fraud because she wanted the support of Trump and his core voters in the January runoff. The next day, Burr responded to the reporting by sending a letter to Senate Ethics Committee Chairman James Lankford, asking for a review. [53] Attendees at her rallies were mostly maskless. [77], As no candidate received over 50% of the vote in the election, Loeffler, who came in second, participated in a runoff election on January 5, 2021, against the primary's first-place finisher, Democratic candidate Raphael Warnock. Kelly Loeffler is doubling down on her stance against the Black Lives Matter movement. Pull the string in her back and she repeats the same line over and over again with no emotions," added Twitter . The power couple also sold shares inLululemon and T.J. Maxx, two firms that, like other retailers, have been battered by stay-at-home orders by governors seeking to contain the spread of the deadly disease. She too is from the midwest - in her case Illinois - and worked for Citibank among others before meeting Sprecher. Because Kelly Loeffler is from Illinois. Kelly Loeffler, one of the two Republican runoff candidates in Georgia vying for a seat (and majority control) in the Senate, is once again in the public eye. FEC records show Sprecher donated $5.5 million to the Georgia United Victory PAC, which was established to support Loefflers campaign. Showing Editorial results for kelly loeffler. Mutual Fund and ETF data provided by Refinitiv Lipper. Sprecher, 65, became a billionaire by trading electricity, seeing his business, Intercontinental Exchange, take off when Enron collapsed in 2002. Senator from Georgia. Where're Your People. Heres what you need to know about Jeffrey Sprecher: Sprecher owns the largest stock exchange in the world: the New York Stock Exchange. Brian Kemp's pick for Kelly Loeffler as interim U.S. senator, against the suggestion of President Donald Trump's endorsement for the position. Market data provided by Factset. She left office on January 20, 2021. [17] In 2018, she became the chief executive officer (CEO) of Bakkt, a subsidiary of Intercontinental Exchange. Loeffler was born in Bloomington, Illinois, to Don and Lynda (ne Munsell) Loeffler, and raised on her family's corn and soybean farm in Stanford, Illinois. The solar system might make your world go round, but writing about the internet, music and celebrities has Kate in orbit. [76] When she was separately asked about a recording of Trump telling Bob Woodward that he was intentionally downplaying COVID-19 in public, she responded that it was "fake news". Joe Biden was 'elected'and it suddenly became acceptable to make fun of a womans looks again. GettyPresident George W. Bush after a meeting with retired Marine General P.X. His father worked as an insurance salesman and his mother was a nurse. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Kelly Loeffler is the richest person on Capitol Hill, Loeffler married Jeffrey Sprecher in 2004, She has controversially denounced BLM protests against police brutality and racism, The senator is worth hundreds of millions of dollars, Independent Press Standards Organisation (IPSO). Sprecher and Loeffler have donated more than $10,000 to his campaigns. Geoff Earle, Deputy U.s. She described herself as being the more conservative member of the relationship. She said she uses a third-party financial adviser to handle stock transactions. [18], In 2010, Loeffler bought a minority stake in the Atlanta Dream of the Women's National Basketball Association (WNBA). Sprecher, like his wife, has been successful in the business world. When Kelly entered the rehearsal with her team's mentor Leon Bridges, Kelly explained why things looked a little different. The couple also owns a $4 million condo on Sea Island, according to the Atlanta Journal-Constitution. Senator Kelly Loeffler is worth roughly $500 million.Her husband, Jeffrey Sprecher, is the chairman of the New York Stock Exchange. NEW VIDEO: Corrupt Senator Kelly Loeffler, the richest person in Congress, bought a private jet with our tax money. . Republican Kelly Loeffler is leaning on one of her greatest assets and most glaring liabilities to turn around her campaign: her money. Disclosures are required by the STOCK Act. Loeffler faced a close special election race against Democrat Raphael Warnock in the January 5 runoff. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Appointed Republican Sen. Kelly Loeffler's loss at the hands of Rev. (Alex Wong / Getty Images) [96] In November 2020, Newsweek reported Loeffler's and Sprecher's combined net worth at $800million, making her the wealthiest sitting U.S. Is it time Harry & Meghan accept Clarkson's apology and move on? Loeffler has claimed that she was not made aware of these . We are a proud supporter of equality and fair treatment for all people. Sen. Kelly Loeffler (R-Georgia) also sold off hundreds of thousands of dollars in stocks between January 24 and February 14. [52], In October 2020, shortly after Trump and First Lady Melania Trump were diagnosed with COVID-19 after attending events where they closely interacted with other individuals while maskless, Loeffler, who often appeared at rallies and gatherings without wearing a mask,[53] blamed their contraction of the disease on the People's Republic of China, tweeting, "China gave this virus to our President @realDonaldTrump and First Lady @FLOTUS. Just a thought.. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Loeffler's results came after she was seen campaig The most notable Democrat that Sprecher has given money to was former Secretary of State Hillary Clinton. [23][24] Loeffler donated $750,000 to Restore Our Future, a super PAC supporting former Governor Mitt Romney's 2012 presidential campaign. Was born on November 27, 1970 in Bloomington, Illinois, USA financial platform Bakkt, is staunch... 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