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Blog Post | April 8, 2025

Oligarchs and the Trump Admin: Kelly Loeffler

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Oligarchs and the Trump Admin: Kelly Loeffler

Kelly Loeffler 

Net worth: $ 1 Billion (As of November 22nd, 2024)

  • Kelly Loeffler, the current leader of the Small Business Administration, is a former senator from Georgia. She was defeated by Raphael Warnock during in a 2021 runoff election. She has been a close ally of Donald Trump for years. Loeffler was a major Republican donor closely tied to Georgia Republican governor Brian Kemp, who appointed her fill the seat after Sen. Johnny Isakson resigned. 
  • Loeffler’s husband, Jeffrey Sprecher, is the head of the New York Stock Exchange. Loeffler and Sprecher are both prolific Republican donors, including to Trump.
  • Loeffler spent her short time in the Senate fighting a major insider trading scandal in which she allegedly used information about COVID to benefit her own personal coffers. 
  • After losing her Senate bid, Loeffler started a Georgia based voting rights initiative aimed at registering Republican voters (a move mimicking fellow Georgia politician, Stacey Abrams.) 

For more information, see the Revolving Door Project’s Oligarchs in Trump World tracker.

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