Overview
- The House Ethics Committee found Kelly breached its code by failing to meet his duty of candor during an inquiry into his wife’s Cleveland-Cliffs stock purchases.
- The committee cleared him of intentionally orchestrating insider trading and of conflict-of-interest charges after a 28-page report found insufficient evidence.
- It recommended that Kelly and his wife divest all Cleveland-Cliffs holdings before he takes any further official actions related to the company.
- The Office of Congressional Conduct said it could not ascertain what the Kellys knew about tariff investigations into Cleveland-Cliffs due to their limited cooperation.
- Kelly described the lengthy investigation as an “unnecessary distraction” and said he and his family look forward to putting the matter behind them.