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DOJ drops investigations into 3 senators’ stock trades
politico.com ^ | 05/26 5:05 pm

Posted on 05/26/2020 8:15:09 PM PDT by Conserv

The Justice Department is dropping its investigations into controversial stock trades made by Sens. Kelly Loeffler, Dianne Feinstein and Jim Inhofe in the early stages of the coronavirus pandemic, their offices confirmed Tuesday.

The decision comes after the FBI served Sen. Richard Burr (R-N.C.) a search warrant and seized his cellphone earlier this month, as part of its broader investigation into his financial transactions.


TOPICS: Chit/Chat
KEYWORDS: 2big2jail; crimecorruption
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To: Conserv

Clarify... If Collins can’t win the primary, he doesn’t give a sh!t if Ossoff wins the general election.


41 posted on 05/26/2020 9:52:02 PM PDT by Conserv (iII)
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To: Conserv

What is that loser Ossoff running for?


42 posted on 05/26/2020 10:01:42 PM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine Do you think we have a chan)
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To: MrChips

Little boy Ossoff is the dem running for the Senate seat.

So, it would be Loeffler vs. Ossoff

or Collins vs. Ossoff

Would be helpful if Collins would stick to attacking the little boy.


43 posted on 05/26/2020 10:15:10 PM PDT by Conserv (iII)
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To: Conserv

Collins will go after Ossoff as soon as he dispenses with Loeffler. One step at a time.


44 posted on 05/26/2020 11:00:22 PM PDT by WASCWatch
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To: Conserv

Good to know they didn’t do anything wrong.

/s

Horse feathers.

Special pigs.


45 posted on 05/26/2020 11:49:13 PM PDT by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: Jane Long
Loeffler claims she has a blind trust - what information do you have to dispute that.

https://www.marketwatch.com/story/sen-loeffler-denies-any-role-in-stock-sales-as-coronavirus-crisis-worsened-2020-03-20

46 posted on 05/27/2020 4:49:32 AM PDT by circlecity
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To: circlecity

Every article I’ve read clearly states DiFi has a blind trust, and mentions Loeffler’s trades as handled by ‘a third party’.

Here’s one such article...

...Loeffler and her husband, Jeffrey Sprecher, chairman of the New York Stock Exchange, sold stock Jan. 24, the same day she sat in on a briefing from two members of Trump’s Coronavirus Task Force, The Daily Beast reported.

Between that day and Feb. 14, the couple sold stock worth a total between $1.2 million and $3.1 million, the report said. In addition to the sales, they also purchased stock in a maker of software that helps people work at home – just before millions of Americans were forced to leave their offices because of the outbreak, the report said.

Loeffler slammed the Daily Beast report as a “ridiculous and baseless attack” in a pair of late-night tweets.

“This is a ridiculous and baseless attack. I do not make investment decisions for my portfolio. Investment decisions are made by multiple third-party advisors without my or my husband’s knowledge or involvement,” Loeffler wrote. “As confirmed in the periodic transaction report to Senate Ethics, I was informed of these purchases and sales on February 16, 2020 — three weeks after they were made.”

In an interview Friday with Fox News’ Ed Henry, Loeffler again said any claim of insider trading is “absolutely false.”

She added, “I’m not involved in the decisions” of buying and selling, while saying she’d cooperate if any investigation is launched....

https://www.foxnews.com/politics/dianne-feinstein-3-senate-colleagues-sold-off-stocks-before-coronavirus-crash-reports

Here’s another....

....What they’re saying: Loeffler has maintained that she did nothing wrong and that she and her husband do not have control over day-to-day trades, which are managed by third-party advisers....

https://www.axios.com/kelly-loeffler-stock-trades-coronavirus-pandemic-b12e7ed7-ef14-4ede-9a33-758d4e9cdf51.html

The article you linked is the only one I’ve seen that catagorizes hers, and Inhofe’s trades, as being in blind trusts.

Could just be writing styles? Not sure, but interesting.

I don’t think blind trusts, nor ‘third party’ trade managers are an excusee for ANY sitting member of Congress to use. It’s still insider trading, IMO.


47 posted on 05/27/2020 6:15:30 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Conserv

Par for the course...


48 posted on 05/27/2020 6:28:21 AM PDT by Enlightened1
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To: Conserv

We live in a banana Republic.

How can President Trump trust Barr anymore?

The guy let Obama, Hillary and Comey go.


49 posted on 05/27/2020 6:29:25 AM PDT by Enlightened1
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To: Jane Long

The trustee of a blind trust, and their agents, ARE 3rd party managers.


50 posted on 05/27/2020 6:35:53 AM PDT by circlecity
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To: circlecity

Strange how numerous articles specifically label it differently.

Again....either way....just wrong (for a sitting member of Congress) to trade stocks, imo...whether through third party/blind trust, or not. NOT an excuse, for instances like these recent trades, by Inhofe, DiFi and Loeffler.


51 posted on 05/27/2020 6:45:46 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: WASCWatch

Yeah.

And, if Collins doesn’t win the primary, then he has done nothing but help elect Ossoff.

F Collins. He’s an ugly @ss turd... who makes my skin crawl.


52 posted on 05/27/2020 7:50:03 AM PDT by Conserv (iII)
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To: Conserv

So Ossoff loses a congressional race, and that qualifies him to run for the United States Senate?!


53 posted on 05/27/2020 8:51:21 AM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine Do you think we have a chan)
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To: MrChips

Apparently


54 posted on 05/27/2020 10:44:24 AM PDT by Conserv (iII)
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