“Last year, at the peak of the COVID-19 pandemic, heavy stock trading by members of Congress, including buying and selling stocks in companies that stood to lose or gain due to the pandemic, raised serious ethical concerns,” Ossoff’s office said Tuesday. “Sen. Ossoff, who has long been a champion of strengthening congressional ethics rules, pledged that, if elected, he would move his stocks into a blind trust. Today he announced that he has completed that process.”
Critics accused Loeffler and Perdue of capitalizing off information they received in private Senate briefings to guide their decision-making. Both denied any wrongdoing and said all trading on their behalf was made by advisers acting independently. Still, both senators ultimately divested from trading in individual stocks.