After , Senate , Chairman of the Intelligence Committee of Senate , was revealed to have the serious news of the epidemic but secretly sold its stocks at the same time, another senator in the United States was revealed to have done the same thing. The wealthy Georgia senator is the second Congressman to sell a large amount of stocks after a closed-door meeting on the coronavirus.
According to the Daily Beast on March 20, on January 24, on the day of the Senate’s closed-door meeting, Senator Loeffler, chairman and CEO of New York Stock Exchange , began selling stocks worth more than $1 million.
In the next three weeks, on February 14, Lueffler sold $1.275 million to $3.1 million worth of stocks, before the stock market plummeted. A total of nearly 5.4 million shares (about RMB 38 million) were sold.
reported that she also purchased stocks from two related companies working from home, Citrix and another technology company, Oracle, which is an remote office software company on February 14.
At the time, she tweeted after the meeting, "Thanks to the president's senior health officials for today's briefing on the novel coronavirus outbreak," Even after being accused of selling her stock, Lueffler still criticized Democrats for exaggerating the threat of the virus. "Democrats mislead the American people on the issue of preventing coronavirus, which is dangerous and intentional."
According to the Daily Beast, the newly appointed senator has not made any market trends before the meeting since taking office on January 6.
However, a spokesman for Luffler argued that the senator did not directly deal with her stock portfolio and did not know the deals until a few weeks after the meeting ended on February 16. "It was a ridiculous and unfounded attack. Senator Luffler did not make investment decisions for her portfolio. The investment decisions were made by multiple third-party consultants, who or her husband were neither aware nor involved."
Richard Burr
reportedly sold a large number of stocks after a secret briefing. Earlier, Senate Intelligence Committee Chairman Richard Burr and his wife Brooke sold publicly traded stocks worth $628,000 to $1.7 million on February 13, a week before the stock market fell.
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