Consider Loeffler’s reputation when Gov. Brian Kemp appointed her to the seat vacated by Sen. Johnny Isakson (R) in late 2019: A prominent (and wealthy) businesswoman and a moderate Republican who Kemp clearly hoped would bolster his own political standing in the critical Atlanta suburbs heading into his 2022 reelection race.
That plan appeared to go out the window in the spring of 2020, when Loeffler (and her husband) found themselves in the middle of a massive controversy regarding a series of stock sales just before the coronavirus pandemic shut down the American economy.
“Loeffler and her husband sold 27 stocks between January 24 and February 14 at a value of $1.28 million and $3.1 million, according to Senate financial disclosure records. They also purchased three stocks for between $450,000 to $1 million, including shares in Citrix, a software company used for teleconferencing that’s one of the few that’s gained value amid the coronavirus outbreak. Citrix’s stock was $122.03 on February 14, the day it was purchased, and closed at $125.31 on Thursday.”
“This was a political attack designed to take away from the issue at hand. And to use this outbreak to play politics. We have addressed this and taken extraordinary measures to make sure that we can’t be attacked for our success. This gets at the very heart of why I came to Washington, to defend free enterprise, to defend capitalism. This is a socialist attack.”
All in all, Loeffler not only ran a remarkably bad campaign, but she also seemed to abandon the entire reason she was chosen in the first place. A moderate Atlanta businesswoman ran like a Trump conservative — and lost.
Stuart Stevens, a longtime Republican political consultant and a never-Trumper, put it best and bluntly.