News Kelly Loeffler, CEO of Bakkt Digital Asset Exchange, to...

Kelly Loeffler, CEO of Bakkt Digital Asset Exchange, to be Appointed to US Senate Seat in Georgia


- Advertisment -

Kelly Loeffler, CEO of Bakkt Digital Asset Exchange, to be Appointed to US Senate Seat in Georgia

Kelly Loeffler, the CEO of Bakkt – a digital asset exchange and a subsidiary of ICE, is expected to be selected by the Governor of Georgia to fill an open seat in the US Senate in the coming days.

A report in, states that Loeffler will be selected over President Trump’s favorite US House of Representative Doug Collins, a four-term congressman, who has vocally supported the President.

Georgia Governor Brian Kemp apparently believes that Loeffler will help expand the Republican Party’s appeal to women – a segment that has been alienated by the GOP to a degree in the past couple of years.

Current Georgia Senator Johnny Isakson is exiting the seat due to health reasons. Kemp is expected to make the selection official within days.

Loeffler, who is also co-owner of WNBA team the Atlanta Dream, previously considered running for the US Senate in 2014 but decided to pass at that time.

Some Conservative groups have indicated tepid support for Loeffler which may queue up a political battle in 2020 when a special election will be held for the Georgia Senate seat. An internecine battle within the Georgia Republican party may, in the end, help the Democrats in the state.

Recently, Loeffler and her husband donated $100,000 for a Trump Roundtable.

Trump may come around to Loeffler as he will need to encourage suburban female voters to support him in the looming Presidential election battle – an election that may be tight depending on who receives the Democrat nomination. A successful female executive campaigning by his side could help boost Trump’s appeal in parts of the country that have been turned off by some of the President’s more divisive statements and Tweets.



Please enter your comment!
Please enter your name here

Latest news

Crypterium Signs New Partnership with Apple Pay, Unveils its Virtual Card

In late 2017 when Bitcoin and other digital assets became quite popular, the consensus amongst enthusiasts was...

Top 5 Crypto Invoice Services for Making Business Administration Simpler

In the current economic landscape, the cryptocurrency’s worldwide adoption is picking up at an ever-increasing pace.

Data-Intensive Sector Has A Lot More To Explore With Blockchain Technology

Blockchain technology in Data-Intensive sectors is gaining huge recognition in the market. It is used in building...

4 Tips on How To Succeed on Bitcoin Trading

Bitcoin is a type of cryptocurrency which has grabbed the attention of countless people from different countries....
- Advertisement -

The First Cryptocurrency Bank License Is Now Granted

This is a historic development. A milestone in Bitcoin's path to broad acceptance and recognition. The State...

Yield Farming Program “Volcano” Kicks off Dutch Auction for Cryptokitties KittieFIGHT Game

In the fall of 2017, along with the rallying of Bitcoin and other digital assets, Cryptokitties dominated...

Must read

- Advertisement -

Read Next
Recommended to you