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Rep. Collins to Newsmax: Shady Stock-Sale Scandal Why People 'Hateful" Of Congress

Rep. Collins to Newsmax: Shady Stock-Sale Scandal Why People 'Hateful" Of Congress

Rep. Doug Collins, R-Ga, the ranking member of the House Judiciary Committee. (Alex Brandon/AP)

By    |   Friday, 20 March 2020 07:38 PM EDT

Rep. Doug Collins, R-Ga., said Friday a stock-sales scandal that has rocked his political rival in Georgia's U.S. Senate race is both “disheartening” and "not a good look."

In an interview on Newsmax TV’s “The Chris Salcedo Show,” Collins ripped into Sen. Kelly Loeffler, R-Ga., who reportedly, with her husband, New York Stock Exchange Chairman Jeffrey Sprecher, knowingly sold off at least $1.2 million in stocks after a private all-senators meeting on the dangers of the oncoming coronavirus epidemic. 

She denies the accusation. Other members of Congress were also accused of shady stock dealings ahead of the coronavirus outbreak in America.

“There’s a lot more explaining to do, a lot more investigation to do,” Collins said.

“What we’re seeing just disheartening” and “”why people are distrustful and hateful of Congress,” he said, particularly at a time of uncertainty triggered by the pandemic. 

“It’s not a good look… and doesn’t seem right … and there just hasn’t been a good explanation, especially from Sen. Loeffler.," he said.

Collins also weighed in on the economic stimulus package from Congress in response to the pandemic gripping the nation, saying he wants to make sure it helps those who help consumers: farmers and small business people in particular.

“They’re trying to do warp speed" to pass the measure in the Senate, "but it cannot be one at the expense of taxpayer’s dollars."

“[We have to] make sure the money gets into the right hands…. farmers, truckers and food suppliers,” he said, adding: "I know smaller hospitals are struggling… we gotta make sure we're taking care of the folks who take care of us."

As a pastor, Collins said he tries to remind people that "God is still in control” during this and any other crisis.

“When you can’t trace his hand, you trust his heart,” he said, urging Americans to “help each other.”

© 2026 Newsmax. All rights reserved.


US
Rep. Doug Collins, R-Ga., said Friday a stock-sales scandal that has rocked his political rival in Georgia's U.S. Senate race is both "disheartening" and "not a good look."
collins, congress, stock sales, coronavirus
309
2020-38-20
Friday, 20 March 2020 07:38 PM
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