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You’ll never believe this! Republican Rep. Mike Kelly of Pennsylvania has just been cleared of insider trading allegations after a lengthy investigation that lasted nearly four years. But before you pop the champagne, the House Ethics Committee didn’t exactly give him a clean bill of health. They found him guilty of violating conduct rules, raising eyebrows and serious questions about ethics in government.
It all started back in July 2021 when Kelly’s wife made a questionable stock purchase linked to a steel company while he held some insider knowledge. Talk about a family affair! While the Committee couldn’t pinpoint exactly what Kelly and his wife knew, they were not impressed with their lack of cooperation during the investigation. No one likes a bad team player, especially in politics, right?
After the report dropped, Kelly dismissed the investigation as merely a “distraction,” which sounds a bit like a magician’s classic misdirection. But the Committee wasn’t just going to sweep it under the rug; they recommended that the family divest from any company-related stocks before Kelly moves forward with any official business regarding that company. You can’t help but wonder if they’ll take their financial cues from his political career.
What do you think? Should lawmakers face stricter penalties for ethical violations? Let’s hear your thoughts below!
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