[90], The Associated Press called the race for Warnock in the early morning hours of January 6. [8] In 2011, she and Mary Brock bought the team from Kathy Betty. Loeffler and her Democrat challenger Raphael Warnock faced off in a nationally televised debate just under one month before the Senaterunoffelectionon Jan. 5. Sen. Kelly Loeffler's (R-Ga.) incessant attacks on her Senate opponent, Rev. Powered and implemented by FactSet Digital Solutions. Sprecher and Loeffler bought the 15,000-square-foot mansion for about $10.5 million. Sen. Richard Burr of North Carolina is also under fire for his trades, with $1.7 million in sales that made up a big chunk of his total portfolio. Burr said he relied on 'public news reports' when making his financial decisions. This was in addition to her 2019 salary and roughly $3.5 million bonus, according to financial records obtained by the New York Times. Loeffler and her husband's overall trades didn't pay off, however. [14] In 2002, she joined Intercontinental Exchange, a commodity and financial service provider, in investor relations. [46], On gun issues, Loeffler received "A" ratings from the National Rifle Association and Gun Owners of America. or redistributed. [38] She voted in line with President Trump's stated position 80% of the time. [34] The appointment was valid until the runoff election scheduled for January 5, because no candidate in the November 2020 election received a majority of the vote. [52], In October 2020, shortly after Trump and First Lady Melania Trump were diagnosed with COVID-19 after attending events where they closely interacted with other individuals while maskless, Loeffler, who often appeared at rallies and gatherings without wearing a mask,[53] blamed their contraction of the disease on the People's Republic of China, tweeting, "China gave this virus to our President @realDonaldTrump and First Lady @FLOTUS. [23][24] Loeffler donated $750,000 to Restore Our Future, a super PAC supporting former Governor Mitt Romney's 2012 presidential campaign. . Michael Harriot. "Kelly had no idea who that was, and if she had she would have kicked him out immediately because we condemn in the most vociferous terms . https://twitter.com/qtseven/status/1273001563850670087. After the November 2020 election, Loeffler and fellow Georgia senator David Perdue claimed without evidence that there had been unspecified failures in the election, and called for the resignation of Georgia Secretary of State Brad Raffensperger, who rejected the accusations. We are no longer accepting comments on this article. Senator Kelly Loeffler speaks at a Defend The Majority campaign event attended by U.S. Vice President Mike Pence on December 17, 2020 in Columbus . Loeffler flirted with a Senate run in 2014, but is largely a blank slate, sharing little publicly about her stands on policy in her 17 years in Georgia. Kelly Lynn Loeffler (/lflr/, LEF-lr; born November 27, 1970) is an American businesswoman and politician who served as a United States senator for Georgia from 2020 to 2021. [65] Under Georgia's election law, all candidates for the seat (regardless of political party) compete in a nonpartisan blanket primary;[66] in addition to Democratic candidates, Loeffler, backed by the National Republican Senatorial Committee, was challenged by fellow Republican Doug Collins, who represented Georgia's 9th congressional district. Warnock is the projected winner, according to CBS News, making him the first Black man elected to represent Georgia in the Senate. Loefflers company, the financial platform Bakkt, is a subsidiary of Intercontinental Exchange. By Ed Kilgore, a longtime political observer. In reality, Sen. Kelly Loeffler (R-Ga.) doesn't even have a hunting license, according to records obtained by the progressive group American Bridge, The Atlanta Journal-Constitution reported. By Manuel Roig-Franzia. [9] In 1988, she graduated from Olympia High School in Stanford, where she was in marching band, ran cross-country and track, and played varsity basketball. [57] Between January 24 and February 14, the couple sold between $1.275 and $3.1 million worth of stock in 27 companies, while buying stocks worth between $450,000 and $1 million, including in Citrix, which develops remote collaboration software. It has more than 2,400 listed companies and has a market capitalization of about $22.9 trillion, according to Value Walk. With a 15 year age gap between them, the pair married in 2004 when . [86], Throughout the campaign she sought to win the support of pro-Trump voters. [18], In 2010, Loeffler bought a minority stake in the Atlanta Dream of the Women's National Basketball Association (WNBA). Kelly Loeffler is not just a US senator and a successful businesswoman. Loeffler began working for Intercontinental Exchange in 2002. 2023 FOX News Network, LLC. Loeffler claims she is the candidate who will create jobs. [88] At the rally, he asked his supporters to vote for Loeffler, also repeating debunked voter fraud allegations. A Republican, Loeffler is a staunch Trump supporter and once said that she doesn't disagree with anything the president has said or done, according to Fox. The next day, Loeffler conceded to Warnock. . [62] On May 26, 2020, the U.S. Department of Justice announced that it had closed its inquiry into Loeffler. If you are having a problem with a government agency, look for a contact link for casework to submit a request for help. 'Specifically I closely followed CNBC's daily health and science reporting out of its Asia bureaus at the time,' Burr said in a statement. Appointed Republican Sen. Kelly Loeffler's loss at the hands of Rev. When you heard someone mutter that "so-and-so needs to go back where he came from . Where're Your People. [2] She lost the runoff election to Warnock. In a new interview with ESPN's Ramona Shelbourne, the embattled co-owner of the Atlanta Dream, and junior . The next day, Burr responded to the reporting by sending a letter to Senate Ethics Committee Chairman James Lankford, asking for a review. The site estimates that he earns more than $14 million per year as the Chairman and CEO of the Intercontinental Exchange. Business Insider editor Manny Fidel was widely condemned on Sunday for mocking the physical appearance of Kelly Loeffler, R-Ga.,with many critics pointing out that a conservative would be absolutely vilified for judging a liberal politician in the same way. They sold about$56,693 in Lululemon and $27,580 in the company that owns T.J. Maxx. This has the potential to put the WNBA and its players into a terrible position. Kelly Lynn Loeffler is an American businesswoman and politician serving as the junior United States Senator for Georgia since this year. Kelly Loeffler, one of the two Republican runoff candidates in Georgia vying for a seat (and majority control) in the Senate, is once again in the public eye. After ProPublica reported on the trades March 19, Loeffler pushed back on Twitter and said she did not have knowledge of the trades before they were made. She is a former co-owner of the Atlanta Dream of the Women's National Basketball Association (WNBA). But this wasn't the first time that Loeffler who is competing in one of the Jan. 5 Georgia runoff elections that will decide control of the U.S. Senate has posed for photos with a . Burr, the Senate Intelligence Committee chair, got briefed on the outbreak, but says his trades were made based on what he learned from public materials including financial television programs covering Asia. [76] When she was separately asked about a recording of Trump telling Bob Woodward that he was intentionally downplaying COVID-19 in public, she responded that it was "fake news". The young and eventful Senate career of wealthy Georgia businesswoman Kelly Loeffler. Her political views - and . Baker. Two additional senators were selling stocks in the weeks before the market's downturn, and neither of them have been contacted by the FBI, their offices said. Until recently, Loeffler was an active owner, attending games and having players over to her home. Kelly Loeffler and Jeffrey Sprecher turned his billionaire status into a Republican political career for her. She planned to spend $20million of her own money on her campaign. An additional $5,000 went to the PAC run by his company, Intercontinental Exchange. Sen. Kelly Loeffler, R-Ga., and the Rev. Its rapid ascent reflects a new Wall Street where high-speed computers now dominate trading, sometimes with alarming consequences Mr. Sprecher has probably done more than anyone else to dismantle the trading floors of old and replace human brokers with machines.. [94], In 2004, Loeffler married Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange and Chairman of the New York Stock Exchange. [81] According to Politico, Loeffler repeated Trump's baseless claims of fraud because she wanted the support of Trump and his core voters in the January runoff. She didnt go on to confirm why she wore an eye patch, but this could indicate a medical issue with her eye. Loeffler is a co-owner of the WNBA Atlanta Dream, the first woman-owned sports team in Georgia. Forbes estimates that the couple is worth somewhere between $800 million and as much as $1 billion. Kelly Loeffler's Money Is Her Biggest Problem and Her Only Hope. A log of text messages sent and received by former Sen. Kelly Loeffler during the weeks leading up to the Jan. 6 Capitol attack is raising questions about . [77], During the 2020 campaign, Loeffler touted that she had been endorsed by Marjorie Taylor Greene, a controversial Republican who won the election for Georgia's 14th congressional district. [39][3], Loeffler supported Republican efforts to repeal the Affordable Care Act. Biden has never confirmed this. The most notable Democrat that Sprecher has given money to was former Secretary of State Hillary Clinton. Sen. Kelly Loeffler speaks during a runoff election night party at Grand Hyatt Hotel in Buckhead on January 6, 2021 in Atlanta, Georgia. The couple's net worth is unclear but not thought to be in the billions. By At Politically Speaking, we come together to share our views on politics and society. Political Editor For Dailymail.com, Scroll down for full list of the stock trade Loeffler disclosed, The two have no children and she told the, Trump finally accepts reality: President warns America next two weeks will be 'VERY painful' as expert warns of 100,000 US deaths - but says he 'wanted to give people hope' when challenged on why he took so long to sound the alarm, Should we wear face masks after all? Her eye for the strange corners of the internet have resulted to huge-hitting articles while she has also written features for Vice. [53] Attendees at her rallies were mostly maskless. Showing Editorial results for kelly loeffler. [33] She became the second female to represent Georgia in the U.S. Senate. Loeffler is married to Jeffrey Sprecher, who is the founder and CEO of ICE. July 9, 2020 "[64], Loeffler ran to serve the remaining two years of the Senate term to which she had been appointed. [61] After being criticized for the trades, Loeffler and Sprecher sold their individual stocks in an effort "to move beyond the distraction" caused by trades they made before and during the market decline caused by the COVID-19 outbreak. She and Sprecher tied the knot in 2004. The politician stands at 5feet 9inches tall. Federal Election Commission records show that Sprechers more recent contributions have all gone to Republican candidates or organizations. Legal Statement. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. [13] They have four additional homes and a condo. READ NEXT: Jon Ossoffs Wife, Alisha Kramer: 5 Fast Facts, Jeffrey Sprecher, Kelly Loefflers Husband: 5 Fast Facts, Copyright 2023 Heavy, Inc. All rights reserved. - The New York Times. [2], Loeffler called herself the most conservative Republican in the Senate[35][36] and allied herself with President Trump. When you heard someone mutter that "so-and-so needs to go back where he came from . Those changes would also have been put in place two weeks before Loeffler departed the company on Dec. 20, with a severance package that ultimately totaled some $9 million, after stock options . Incarcerated Sex Offenders Mailing Letters to Kids, Q&A: Internships Offer Once-in-a-Lifetime Experience, Jared Kushner Wrote the Anonymous NYT Op-Ed and Heres Why, In Wake Of Trumps Muslim Ban, Canadians Must Rally Behind Trudeau, [The American Conservative] The Quiet Return of Feudalism. 2023 FOX News Network, LLC. Geoff Earle, Deputy U.s. Jeffrey Sprecher is married to Kelly Loeffler, the businesswoman and WNBA team co-owner who represented Georgia in the U.S. Senate after Gov. Is it time Harry & Meghan accept Clarkson's apology and move on? The trades came Feb. 26 and March 11, as the virus spread but the broader public was still learning about the extent of the danger to both people and the world economy. The two have given millions in political donations - not all to Republicans - but until 2014 it was unknown that she harbored ambitions to hold office. Later that day, she tested positive for COVID-19; the result of a subsequent test the following day was inconclusive. Brian Kemp appointed her to fill the seat left vacant by Senator Johnny Isaksons early retirement in late 2019. Updated: 10/20/2022 03:43 PM EDT. She is shown above joining President Donald Trump at a rally in support of Sen. David Perdue (R-GA) and . The special election was one of the most expensive in Senate history. Brian Kemp (R) appointed Loeffler to the Senate seat after Johnny . "Kelly Loeffler may have the privilege of playing politics with this issue," he says. Politico reported that his announcement could dissuade potential challengers, such as Rep. Doug Collins, from entering the race. Where're Your People. Loeffler was chief executive officer (CEO) of Bakkt, a subsidiary of commodity and financial service provider Intercontinental Exchange, of which her husband, Jeffrey Sprecher, is CEO. In their eyes, it helped that . The New York Times explained in 2013 that Sprecher is seen as one of the people who helped to change how Wall Street operated. Just a thought.. The Securities and Exchange Commission does not disclose whether it is conducting an investigation. She also managed investor relations at Crossroads Investment Advisers, L.P. She has also worked at companies like Citi and Toyota before she became a Senator. She is also one of the social doyennes of Buckhead, the Atlanta neighbourhood of the wealthy and aspiring rich, where she . Some have even speculated that the Georgia senator might have a glass eye, although this is just a rumour. REPUBLICAN senator Kelly Loeffler tested positive for coronavirus on November 21, but a second test has shown her results were inconclusive. If . The publication also reported that Burr had sold off up to $1.7 million in holdings in mid-February, when he was being briefed about the coming pandemic. Now that Georgians have kicked Kelly Loeffler to the curb, the WNBA needs to do the same. His father worked as an insurance salesman and his mother was a nurse. Collins appears to have taken the $56,000 figure from the 2015 sale of Mao [II.96]which matches the red and orange color scheme of the Mao tied to Loefflerfor $56,250 at Sotheby's New York. The first was Rebecca Latimer Felton, also the first female U.S. Sen. Kelly Loeffler (R-GA) was slammed this weekend for posing beside a former KKK leader. Sprecher worked as a salesman for Trane, an industrial company. The magazine explained that the property is modeled in the style of an old European estate and includes Versailles parquet in the dining room, a library with a secret passage to the living room, and a nineteenth-century pool house from France. The home has a formal name: Descante. [56] Loeffler denied any wrongdoing, saying the trades were made by a third-party advisor and that she learned about them only after they occurred. 'Understanding the assumption many could make in hindsight however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full transparency.'. View our online Press Pack. Kelly Lynn Loeffler is an American businesswoman and politician serving as the junior United States Senator for Georgia since being appointed in December 2019. When Kelly entered the rehearsal with her team's mentor Leon Bridges, Kelly explained why things looked a little different. A Loeffler spokesperson told CNN that Loeffler has not been contacted by the FBI, adding that the Georgia Republican has 'acted in accordance with the letter and the spirit of the law. Kelly Loeffler is doubling down on her stance against the Black Lives Matter movement. Speculation about Leofflers eye appears especially in replies to videos and tweets of the senator where its appearance is more obvious. She assumed office on January 6, 2020. With a 15 year age gap between them, the pair married in 2004 when Loeffler was 34 and Sprecher was 49. The clip posted to Instagram last week showed Loeffler and another person in hunting gear, carrying shotguns into the countryside. 'The law is clear that any American - including a senator - may participate in the stock market based on public information, as Sen. Burr did. Loeffler was already under public scrutiny for selling off 27 stocks - valued at between $1.275 million and $3.1 million - starting in late January until mid-February. That year she briefly expressed interest in the Republican senate nomination in Georgia that year but said she would not run because the couple's company was in the process of completing its acquisition of the New York Stock Exchange. Georgian. Sen. Kelly Loeffler and her husband's firm, which owns the New York Stock Exchange, defended on Friday the propriety of the couple's sales of up to $3 million worth of stocks after she was . This wealth will likely be used to help wife Kelly Loeffler launch a 2020 campaign for the Senate. Loeffler is married to Jeffrey Sprecher, who is the founder and CEO of ICE. Loeffler and Brock bought the entity that owns the Dream in 2011, and have run the team since. In their eyes, it helped that my daddy's people were also Georgians for the last 150 years. Mutual Fund and ETF data provided by Refinitiv Lipper. Now they're campaigning for her Senate opponent", "GOP Sen. Kelly Loeffler: 'Not familiar' with Trump's infamous 2005 'Access Hollywood' tape", "Georgia's race to the right prompts GOP fears over holding Senate majority", "Loeffler touts endorsement from House candidate who praised QAnon conspiracy theory", "Kelly Loeffler Races to Far Right With Endorsement From Marjorie Taylor Greene", "QAnon-promoter Marjorie Taylor Greene endorses Kelly Loeffler in Georgia Senate bid", "Loeffler, Perdue call on Georgia's Republican secretary of state to resign", "Citing no evidence, Georgia's U.S. senators demand elections head resign", "Some Republicans attack Georgia votes, provide no evidence", "See Georgia GOP senators hold mostly maskless rally", "Loeffler Struggles To Explain Skipping Veto Override Vote As Runoff Looms", "Trump supporters call for boycott of Georgia senate races that Republicans are desperate to win", "Trump holds rally for Georgia Senate races, repeats election fraud claims", "Georgia runoff debate: senator Kelly Loeffler refuses multiple times to accept Biden victory", "Loeffler, Perdue Back $2,000 Checks As Turnout Lags In Georgia GOP Districts", "Democrats Win One Senate Seat in Georgia; Second Race Too Close to Call", "Loeffler concedes Georgia Senate runoff to Warnock", "Loeffler launches group to boost GOP turnout, promote 'big tent' policies", "Kelly Loeffler Wants to Counter Democrats' Voter Registration Advantage with Greater Georgia", "The Richest Politician On Capitol Hill Is Likely Georgia's Recently Appointed, Controversial Sen. Kelly Loeffler", "Kelly Loeffler Net Worth: All the Controversies Surrounding America's Richest Senator", "Loeffler jet a Georgia campaign trail asset, but also fuel for critics", "United States Senate special election in Georgia, 2020 (Loeffler vs. Warnock runoff)", Biographical Directory of the United States Congress, "Kelly L. Loeffler's Application for the United States Senate", https://en.wikipedia.org/w/index.php?title=Kelly_Loeffler&oldid=1125041939, Republican Party United States senators from Georgia (U.S. state), Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 December 2022, at 22:22. And aspiring rich, where she [ 8 ] in 2011, she and Mary Brock bought the mansion! And CEO of the people who helped to change how Wall Street.... The projected winner, according to CBS news, making him the woman-owned... 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