"As she campaigns for reelection in the January 5 run-off, Kelly Loeffler, the super-wealthy former corporate executive and Republican donor who was appointed in late 2019 to a vacant US Senate seat in Georgia, has had to deal with bruising revelations about her personal finances and business dealings. These include the fact that when she entered the Senate in January 2020, she was given a spot on the Agriculture Committee, which oversees government regulators of the Fortune 500 business where she was recently a top officer. The company, Intercontinental Exchange (known as ICE), owns and operates a number of financial and commodity exchanges regulated by the Commodity Futures Trading Commission, which falls under jurisdiction of the Agriculture Committee. "Loeffler’s assignment to the committee seemed a whopping conflict of interest: She still owned between $5 million and $25 million in ICE stock, and her husband, Jeffrey Sprecher, is its CEO. Worse, Loeffler was placed on the committee’s subcommittee on commodities, which has direct oversight of the CFTC. In response to criticism, she left the subcommittee in May but remained a member of the full committee. "Yet one piece of this tale has received little notice. Her conflict of interest was even more pronounced, for while Loeffler was on the commodities subcommittee, the CFTC took several actions that impacted ICE. This means Loeffler was overseeing regulators at the same time they were engaged in activity affecting a company she was intimately tied to as a current shareholder, former executive, and spouse of its CEO. That’s very swampy. The CFTC is highly important for ICE. As the firm’s annual report put it, several of its exchanges are “subject to extensive regulation by the Commodity Futures Trading Commission.” The Wall Street Journal noted that the CFTC’s “rule-making agenda can have a major impact on the company’s operations.” While a senior exec at ICE, Loeffler criticized the CFTC for proposing “excess regulation.” And more!
This reminds me of Hunter Biden. Joe Biden's son Hunter was getting rich working for Burisma and Joe Biden stepped in to stop the investigation on Burisma. I agree that there should be no conflict of interest. Loeffler should fix the problem. 4 candidates that hardly anyone knew anything about but now that the Senate is at stake both parties are finding anything they can to discredit the other side. Warnock was accused of running over his ex girlfriends foot with his car. Police remember the incident but said her foot was fine. Warnock claims she was not close enough to the car but the ex called the police so who knows. Loeffler is just a rich white girl trying to stay rich. Warnock is a black man with temper problems by the sounds of it. He also calls himself a Christian but supports abortions. In the end none of this will matter. Why? It's all about the parties. Republicans don't want the radical left agendas and thus will vote for the Republicans. The Democrats want to take away power from the Republicans thus they will vote Democratic. Indepents probably won't change votes much ethier. Loeffler lost the majority vote because Doug Collins another big Republican ran on the same ticket. If you give her the votes he had then she wins in a landslide. Even David Perdue had more votes than Ossoff. It's Definantly a uphill battle for the Democrats and Trump is not on the ticket but the Democrats are trying to even the playing field by newly registered voters, lots of money and support from Hollywood, commercials on tv and the fact some Republicans are saying don't vote is not helping things but I doubt that will affect most voters. Republicans are continuing the door to door ground battle with people like Scott Pressler getting everyone ready to vote. Plus it's historically a Republican state minus Atlanta. It's still anyone's game but Dems and Repubs will vote party line regardless what the tv says. Hopefully there is no cheating this time.
Will Hunter Biden have a position in the White House like “My patents are all in China thanks to Daddy” Ivanka? Bottom line Conflicts of interests should not be tolerated
