Kelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent compa
Source: Fortune
Exclusive: Kelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company
Dave Levinthal
Wed, June 11, 2025 at 11:50 AM EDT 16 min read
WASHINGTON — Former U.S. Sen. Kelly Loeffler has been a fixture on Newsmax since her confirmation in mid-February, when she became President Donald Trump’s Small Business Administration administrator.
But Loeffler and Newsmax weren’t telling viewers the whole story about her relationship with the conservative cable TV news network.
Loeffler, who served as a U.S. senator from Georgia between 2020 to 2021, owns 136,555 shares worth of stock in the parent company of Newsmax, according to federal financial disclosures reviewed by Fortune.
She’s one of several top Trump appointees—including Defense Secretary Pete Hegseth, Secretary of Education Linda McMahon, and U.S. Agency for Global Media senior advisor Kari Lake—whom Fortune identified as having potential financial conflicts of interest between their personal finances and their public service.
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