Sen. Loeffler’s husband cuts $1 million check to pro-Trump super PAC

Sen. Loeffler’s husband cuts $1 million check to pro-Trump super PAC

Jeff Sprecher, the husband of Sen. Kelly Loeffler (R-Ga.), sent a $1 million check to the leading pro-Trump super PAC even as she been fending off criticism around her family’s stock trading.

Sprecher, chairman of the New York Stock Exchange, donated to America First Action on April 29, according to a report the Federal Election Commission filed Wednesday evening. America First has been described as the sole “approved outside non-campaign group” by the Trump campaign.

Sprecher’s donation came as Loeffler has faced increasing criticism over stock trading during the coronavirus pandemic. She offloaded stocks shortly after a classified briefing on Covid-19 in January.

Loeffler has maintained she has done nothing wrong, saying she does not control her own stock trading. She later said she would no longer trade individual stocks.

Last week, Loeffler’s office said she turned over documents to the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee regarding the trading. “The documents and information demonstrated her and her husband’s lack of involvement in their managed accounts, as well the details of those accounts,” a statement from her office said last weekend.

Source: Politico

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