Sen. Kelly Loeffler received a payout totaling $9 million when she left the publicly traded company run by her husband, according to a new report.
The Republican came under scrutiny in April when it was revealed she sold off stock shares after receiving confidential coronavirus briefings as a member of Congress.
At the time, Loeffler said she did not make the trades herself but divested from individual shares because it “isn’t worth the distraction.”
“It looks, feels, and has the sweet aroma of a pure windfall,” Brian T. Foley, the managing director of Brian Foley & Company, told the New York Times.
The payouts are not illegal or against any congressional rule, the New York Times reported, but they will provide fodder for Rep. Doug Collins, who is running against Loeffler for her Senate seat representing Georgia.
Since news of Loeffler selling off her stock options broke, Collins, who was a staunch defender of President Trump during the impeachment hearings, has surged in the polls.
“Loeffler’s big money talks: but it was silent for Donald Trump,” Collins tweeted in February.
