Kelly Loeffler, a Republican, briefly served as a US Senator for Georgia (2020-2021). Prior to her political career, she held the position of CEO at Bakkt, a subsidiary of Intercontinental Exchange, a company led by her husband, Jeffrey Sprecher. Loeffler also shared ownership of the WNBA's Atlanta Dream.
Rebecca Latimer Felton made history in 1922 as the first woman to serve in the U.S. Senate, although her term was a symbolic one-day appointment.
Kelly Lynn Loeffler was born on November 27, 1970.
In 1988, Loeffler graduated from Olympia High School in Stanford, Illinois, where she was actively involved in extracurricular activities such as marching band, cross-country, track, and varsity basketball.
Loeffler graduated from the University of Illinois at Urbana-Champaign's Gies College of Business in 1992 with a Bachelor of Science in marketing. She was a member of the Alpha Gamma Delta sorority during her time there.
In 1999, Loeffler completed her Master of Business Administration (MBA) in international finance and marketing from DePaul University's Kellstadt Graduate School of Business. She funded her education by mortgaging inherited land.
Loeffler began working at Intercontinental Exchange, a commodity and financial services company, in 2002, starting in investor relations.
In 2004, Loeffler married Jeffrey Sprecher, the CEO of Intercontinental Exchange.
In 2004, Loeffler married Jeffrey Sprecher, who was the founder and CEO of the Intercontinental Exchange and the Chairman of the New York Stock Exchange.
Loeffler contributed $750,000 to Restore Our Future, a super PAC that supported Mitt Romney's 2012 presidential campaign.
In 2013, Loeffler and her husband bought a $10.5 million estate in Tuxedo Park, Atlanta. The purchase was the most expensive residential real estate transaction in Atlanta's history at the time.
Loeffler weighed a potential run for the Republican nomination in Georgia's 2014 U.S. Senate election but decided against it because of Intercontinental Exchange's acquisition of the New York Stock Exchange.
Loeffler rose within Intercontinental Exchange, ultimately becoming the CEO of Bakkt, a subsidiary of the company, in 2018.
Georgia Senator Johnny Isakson announced his resignation from the Senate on August 28, 2019, due to health reasons. His resignation would be effective at the year's end.
Governor Brian Kemp chose Loeffler on December 4, 2019, to fill Isakson's vacant Senate seat. This decision faced backlash from some Georgia conservatives who favored Representative Doug Collins, a staunch opponent of Trump's impeachment.
By December 2019, Loeffler and her husband, Jeffrey Sprecher, had donated $3.2 million to political committees, with 97% going to Republicans and 3% to Democrats.
Loeffler was appointed to the U.S. Senate in December 2019 by Georgia Governor Brian Kemp, filling the vacancy left by Senator Johnny Isakson's resignation.
Loeffler was officially sworn into the United States Senate on January 6, 2020. She became the second woman to represent Georgia in the U.S. Senate, following Rebecca Latimer Felton, who served a single symbolic day in 1922.
In February 2020, Senator Loeffler publicly criticized the Democratic party's handling of COVID-19 information, claiming they were deliberately misleading the public. She expressed confidence in the Trump administration's response to the pandemic.
In March 2020, Loeffler stated that the United States held a strong economic position to combat the COVID-19 pandemic. She further accused Democrats of exploiting the crisis for political gain.
On March 19, 2020, public disclosure of financial documents revealed that Loeffler and her husband, Jeffrey Sprecher, sold millions of dollars worth of stock in companies susceptible to the COVID-19 pandemic's economic impact. The transactions began on January 24, the same day Loeffler attended a private Senate briefing on the virus's spread. Loeffler denied any misconduct, stating a third-party advisor managed the trades without her prior knowledge. Between January 24 and February 14, the couple divested between $1.275 and $3.1 million in stock across 27 companies while investing between $450,000 and $1 million in others, including Citrix, a remote collaboration software provider.
In May 2020, Loeffler's husband, Jeffrey Sprecher, made his largest political donation to date, giving $1 million to a pro-Trump super PAC supporting his 2020 reelection bid.
On May 26, 2020, the U.S. Department of Justice concluded its investigation into Loeffler's stock transactions, which had been the subject of public scrutiny and allegations of insider trading.
On June 16, 2020, the Senate Ethics Committee dismissed a complaint filed by Common Cause, a watchdog group, concerning Loeffler's stock transactions. They found no evidence suggesting she violated federal law, Senate rules, or ethical standards.
In July 2020, Loeffler, co-owner of the WNBA's Atlanta Dream, publicly opposed players wearing "Black Lives Matter" and "Say Her Name" shirts, suggesting they display American flags instead. She voiced her disapproval of the Black Lives Matter movement, linking it to concepts of defunding the police and abolishing the military. She also asserted the movement promoted violence and antisemitism. Her comments sparked calls for her removal as owner by some WNBA players.
In August 2020, in a move widely interpreted as a response to Loeffler's criticisms of the Black Lives Matter movement, players from the Atlanta Dream and other WNBA teams wore "Vote Warnock" T-shirts. This action demonstrated their support for Raphael Warnock, one of Loeffler's Democratic challengers in the special election.
In September 2020, Loeffler introduced a bill in the Senate to restrict transgender girls and women from competing in girls' and women's sports based on their sex assigned at birth.
In October 2020, after President Trump and First Lady Melania Trump contracted COVID-19, Loeffler attributed their illness to China. She urged for China to be held responsible, particularly since the Trumps had attended events without masks.
A special election was set for November 2020 to fill the remainder of Isakson's term.
Since no candidate secured a majority in the November 2020 election, a runoff was scheduled for January 5, 2021.
After the November 2020 election, Loeffler and fellow Georgia Senator David Perdue made unsubstantiated claims of election irregularities and called for Georgia Secretary of State Brad Raffensperger's resignation. They supported a lawsuit to overturn the results and initially intended to object to the Electoral College certification.
In November 2020, reports estimated Loeffler and her husband, Jeffrey Sprecher's, combined net worth to be $800 million, positioning her as the wealthiest sitting U.S. Senator.
On November 20, 2020, Loeffler tested positive for COVID-19 after attending a rally in Canton, Georgia, where she spoke without a mask. The positive result came just 46 days before the runoff election. Following the initial positive test, Loeffler entered quarantine and canceled further appearances at rallies.
During a debate on December 6, 2020, Loeffler repeatedly referred to her opponent as a "radical liberal" and refused to acknowledge Joe Biden's victory in the 2020 presidential election.
Following the November 2020 election, Loeffler, alongside then-Senator David Perdue, alleged without evidence that the election process had been compromised. They demanded the resignation of Georgia Secretary of State Brad Raffensperger, a fellow Republican. Their claims aligned with unfounded allegations of voter fraud, amplifying misinformation disseminated by President Trump and his supporters. Despite a lack of evidence, Loeffler and Perdue's rhetoric contributed to the spread of conspiracy theories challenging the election's legitimacy. Raffensperger refuted the calls for his resignation, emphasizing the absence of proof to support the claims of irregularities. Political analysts suggested Loeffler's decision to echo Trump's baseless fraud accusations stemmed from her desire to retain the support of Trump and his loyal voter base in the January runoff election. In December 2020, Loeffler further demonstrated her alignment with efforts to overturn the election results by supporting a lawsuit filed by Trump allies.
Loeffler's 2020 campaign saw her accepting an endorsement from Marjorie Taylor Greene, a controversial figure who won the election for Georgia's 14th congressional district. Greene's history of promoting the QAnon conspiracy theory and making racially charged comments drew criticism. When questioned about her acceptance of Greene's endorsement in light of these controversies, Loeffler denied any knowledge of QAnon and accused the media of distorting and fabricating events.
Throughout her 2020 campaign, Loeffler maintained that she had never disagreed with President Trump. This unwavering support was evident in her responses to questions about controversial incidents involving Trump, such as the Access Hollywood tape and his downplaying of the COVID-19 pandemic. Loeffler claimed to be unfamiliar with the former and dismissed the latter as "fake news."
During her time in office, Loeffler supported efforts to repeal the Affordable Care Act, took an anti-abortion stance, supported legislation against abortion, and donated portions of her Senate salary to anti-abortion and anti-LGBTQ organizations. Although initially opposed, she received endorsement from the Susan B. Anthony List, an anti-abortion group, for the 2020 election.
In 2020, Loeffler ran in the Georgia U.S. Senate special election to retain her seat.
On January 1, 2021, while still in quarantine following her COVID-19 diagnosis, Loeffler was unable to participate in the Senate vote to override President Trump's veto of the defense spending bill. The Senate ultimately voted to overturn the veto.
When David Perdue's Senate term ended on January 3, 2021, Loeffler briefly became the senior senator from Georgia for under three weeks until Warnock was sworn in.
On January 5, 2021, Loeffler lost the runoff election for the US Senate seat in Georgia to Democrat Raphael Warnock.
Following the attack on the U.S. Capitol on January 6, 2021, Loeffler withdrew her objection to certifying the Electoral College results and voted for certification.
Initially intending to object to the certification of the 2021 Electoral College vote count, Loeffler changed her stance after witnessing the storming of the U.S. Capitol. Citing the events of that day, she expressed an inability to oppose the certification in good conscience.