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Time will tell whether it's true, but Loeffler in particular said that her assets are in a managed portfolio that she has no input in, and this could definitely be the case. Our retirement is in a similar program (because we believe in outsourcing to experts) and I can say that someone running that thing definitely saw this coming, based only on reports out of China and without the benefit of Congressional closed-door meetings. I get an email every time they make a trade, and back in early Feb. they got out of a bunch of general funds and got into specific things like Coca-Cola stock and other basic-needs type companies. It's possible her situation is similar.
That being said, it is unconscionable in and of itself to publically toe the line and claim that everything was fine when they knew from closed-door meetings that it was not. Profiting off it is worse, but it's unethical not to have spoken out, period.
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