Sen. Kelly Loeffler and her husband Jeff Sprecher, CEO of the owner of the New York Stock Exchange, were criticized for selling millions of dollars in stock amid the coronavirus pandemic.
Sen. Kelly Loeffler said she will liquidate her individual stock share positions and related options after weeks of criticism of the wealthy Republican and her CEO husband Jeff Sprecher for selling millions of dollars in stock amid the coronavirus pandemic.
Sprecher is the chairman and CEO of Intercontinental Exchange, the company that owns the New York Stock Exchange. And said she was selling off the individual shares not because she had to, but because she wanted to avoid further controversy. In a statement announcing her liquidation of individual shares, Loeffler, said, "Amid this health crisis, the temptation to circulate lies and misinformation is too great for the media and my political opponents."
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