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Ethics panel: Pennsylvania Republican violated code of conduct with spouse’s stock trades

BUTLER, PENNSYLVANIA, JUL 25 – The House Ethics Committee found Rep. Mike Kelly violated conduct rules due to lack of candor in an inquiry about his spouse's stock trades and recommended divestment of $23,000 in Cleveland-Cliffs shares.

  • The House Ethics Committee formally reproved Pennsylvania Rep. Mike Kelly on July 25, 2025, after a yearslong insider-trading investigation concerning his wife's Cleveland-Cliffs stock purchases.
  • The investigation was initiated after Victoria Kelly purchased approximately $23,000 worth of shares in Cleveland-Cliffs in April 2020, soon after the company informed her husband’s congressional office about its decision regarding a plant closure.
  • The bipartisan committee found no clear evidence Kelly knowingly caused his wife’s trades but concluded he violated House conduct rules by failing to meet his duty of candor and appreciation for impropriety appearances.
  • The panel urged Kelly and his wife to divest any Cleveland-Cliffs stocks before he acts officially on related matters and noted Kelly advocated tariffs protecting the plant while his wife held stock.
  • Kelly denounced the nearly five-year-long investigation as unwarranted, expressed his ongoing support for the plant’s 1,400 employees, and said that he and his family are eager to move past this issue.
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overpassesforamerica.com broke the news in on Friday, July 25, 2025.
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