• Mon. Apr 22nd, 2024

Kelly Loeffler the Former Bakkt CEO Has Joined Trump’s Task Force to Help Revive the US Economy



Apr 17, 2020

Current Senator of Georgia Kelly Loeffler has been the former CEO of the Intercontinental Exchange subsidiary Bakkt and now she has been appointed by President Donald Trump to the emergency coronavirus task force for reopening the economy of the US.

The appointment of Kelly Loeffler by the US President was actually a surprise because only a few weeks before her appointment, Bakkt CEO faced accusations of insider trading last month.

Kelly Loeffler will help to revive the US economy

Loeffler expressed her gratitude to President Donald Trump for appointing her in a tweet on April 16. She said that it is really important to begin working on reopening the economy of the country because she mentions that there are around 22 million Americans facing the issue of unemployment due to the COVID-19 pandemic. She stated in the tweet:

“Thank you, @realDonaldTrump, for appointing me to your task force on reopening American safely in the wake of #COVID19. With 22 million Americans filing for unemployment, it’s clear that we must start working to revive our economy and get the American people back to work safely.”

As a part of the task force committee, Kelly will help the government to revive the economy in the country. She will make the necessary decisions important for the revival of the economy.

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The Coronavirus pandemic has severely affected the economy of the US as it prompted the government for nation lockdown. This lockdown resulted in the unemployment of several US citizens. The government even announced the $2.2 trillion coronavirus stimulus package for affected people.

The US President is trying to recover the economic condition and therefore has made an emergency task force committee to deal with this situation.

Where the government is making efforts for reviving the economy of the country, some people and politicians are not happy with the appointment of Kelly Loeffler. While expressing his concerns regarding the selection of Bakkt CEO for the committee, Political Consultant Jordan Uhl comments, “it’s time to revive the economy, says [the] woman who did insider trading to avoid taking the loss when it tanked.”


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