GOP's Kelly Loeffler fights allegations of insider trading by claiming her critics are "socialists"

"I came to Washington to defend free enterprise, to defend capitalism and this is a socialist attack"

Published April 17, 2020 3:30PM (EDT)

Kelly Loeffler (Fox News)
Kelly Loeffler (Fox News)

This article originally appeared on Raw Story


Sen. Kelly Loeffler (R-GA), who has become a lightning rod for criticism after she dumped major portions of her stock portfolio shortly after receiving classified briefings of the COVID-19 pandemic earlier this year, is now denouncing her critics as "socialists."

The Daily Beast reports that Loeffler went on Fox News Friday to defend herself against charges that she profited by using insider knowledge of the COVID-19 crisis.

Loeffler repeated that she and her husband have liquidated their stock portfolios and then said that people who are still attacking her are just resentful of her "success."

"We have taken extraordinary measures to make sure that we can't be attacked for our success," she said.

The Georgia senator then swung to claiming that any criticisms of her COVID-19 stock trades were on par with socialism.

"This gets at the very heart of why I came to Washington, to defend free enterprise, to defend capitalism, and this is a socialist attack," she said. "We have taken extraordinary measures and I am focused solely on working for Georgians."

Watch the video below:

By Brad Reed


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Corruption Elections Elections 2020 Georgia Insider Trading Kelly Loeffler Politics Republicans Senate