The onetime CEO of Intercontinental Exchange subsidiary Bakkt and a current Republican senator for Georgia, Kelly Loeffler, has been rewarded with a new appointment despite recent controversies. In a tweet published on Apr 16, Loeffler wrote:

"Thank you, @realDonaldTrump for appointing me to your task force on re-opening America safely in the wake of #COVID19. With 22 1000000 Americans filing for unemployment, it's articulate we must start working to revive our economic system and go the American people back to piece of work safely."

The appointment follows hot on the heels of news that Loeffler sold off seven figures' worth of personal stock holdings after being present at a airtight-door Senate Health Committee conference in belatedly January — sparking allegations of illegal insider trading.

"Without my knowledge"

Loeffler has repeatedly dismissed the allegations, claiming that investment decisions for her portfolio "are made by multiple 3rd-party advisors without my or my husband'southward knowledge or involvement."

However her sell-off of stocks that soon suffered exponential losses in the market crash — alongside her parallel investment in a software firm for remote teleworking — have continued to generate suspicion in both the public and press.

Trump'due south task force, a bipartisan accomplice of lawmakers hastily convened "to provide counsel to the president on the reopening of America in the wake of COVID-19," includes another senator defendant of capitalizing on the crisis — Loeffler'due south beau Republican from Georgia, David Perdue.

Having dumped sure stock in belatedly January and early Feb, Perdue has meanwhile been amassing stock in a manufacturer of personal protective equipment equally of late January.

While the allegations against Loeffler and others have not been officially investigated, the senator has meanwhile sought to publicly downplay the adverse touch on of the pandemic on what she presents every bit a resilient U.S. economic system.

Yesterday, Trump unveiled federal guidelines for getting Americans dorsum to piece of work — these will be staggered, but do not yet take a clear target date.

The president has resisted the idea that the pandemic could establish a "new normal" until a vaccine is found, telling reporters this week that "normal is going to be if a eating house had 158 seats filled before, they are going to have 158 seats filled once more."

Yang gang resists Republican line

On the aforementioned day that Loeffler tweeted in favor of getting "the American people back to work safely," onetime Democratic presidential contender and cryptocurrency advocate Andrew Yang pushed dorsum against some Republicans' emphasis on economic over public health:

"The unit of an economy should be each person not each dollar."

One Yang supporter retweeted Loeffler'southward announcement of her date to the task forcefulness, arguing:

"Peradventure the fact that 22 million Americans immediately had to file for unemployment because they live paycheck-to-paycheck says something about stagnant wages in America and shines line [sic.] on a broken organisation. It'south time to implement @AndrewYang's UBI plan.