SBA Administrator Kelly Loeffler With $1 Billion Fortune and Insider Trading History Takes Office
Small Business Administrator Kelly Loeffler, worth $1 billion from husband’s Intercontinental Exchange empire, takes office despite 2020 insider trading scandal. The Senate confirmed her 52-46 on February 19, 2025, despite ongoing concerns about financial conflicts of interest.
Key Actors
Sources (5)
- Loeffler brings insider trading baggage to SBA role (2025-01-22)
- Billionaire Loeffler's financial conflicts at SBA (2025-01-22)
- Senate confirms former Georgia Sen. Kelly Loeffler to lead Small Business Administration (2025-02-19)
- Senate Confirms Kelly Loeffler, Former Georgia Senator, to Lead Small Business Administration (2025-02-19)
- Kelly Loeffler confirmed as administrator of the Small Business Administration (2025-02-19)
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