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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Pennsylvania Rep. Mike Kelly reprimanded by House ethics panel over wife's stock purchase
The panel also said Kelly and his wife should divest of any stock in the company, Cleveland-Cliffs, before the Western Pa. congressman takes any further official actions related to it.
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Ethics Panel Rebukes Congressman for Wife’s Stock Trade in Firm He Helped
The House Ethics Committee on Friday rebuked a Republican congressman from Pennsylvania and urged him and his wife to sell their holdings in a steel company in his district after a four-year investigation into a stock trade found that he had violated the House’s official code of conduct. In its report, the committee cited Representative Mike Kelly, a member of the Ways and Means Committee, for a “lack of candor” in its inquiry into 2020 trades b…
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