Georgia

Cryptocurrency CEO selected for interim Georgia Senate seat

Kelly Loeffler
Kelly Loeffler. Photo: Rich von Biberstein/Icon Sportswire via Getty Images

Georgia Gov. Brian Kemp's decision to name Kelly Loeffler as interim U.S. senator has generated lots of political buzz, due to some Trump loyalists claiming betrayal.

Why it matters: The intra-GOP skirmish has obscured the big business story, in that Loeffler will become one of precious few senators with a working knowledge of technology and, in particular, blockchain technology.

Kemp picks GOP donor Kelly Loeffler to fill Georgia Senate seat, defying Trump

Brian Kemp speaks with a "kemp for governor" sign in the background.
Photo: Kevin C. Cox/Getty Images

Georgia Gov. Brian Kemp announced on Wednesday that he has selected Republican donor and businesswoman Kelly Loeffler to fill the soon-to-be vacant U.S. Senate seat of Johnny Isakson.

Why it matters: In appointing Loeffler, Kemp is defying pressure from President Trump and other GOP leaders who have backed Rep. Doug Collins (R-Ga.), a staunch ally of the president who would be a lock to vote against removal in the event of an impeachment trial in the Senate.