The Pittsburgh Post-Gazette reported that Kelly was pushing the Trump administration to launch an investigation into foreign steel imports. Days before the Department of Commerce announced the investigation, Kelly’s wife bought stock in Cleveland-Cliffs, a Pennsylvania steel company that was threatened by the very imports the Commerce Department was investigating, according to the Post-Gazette.
“The stock purchase, disclosed as required by U.S. House rules, created a scenario in which Mr. Kelly’s spouse, Victoria Kelly, may have gained personally from the actions of his public office, Congressional ethics experts said in interviews,” the paper reported.
Kelly’s office did not respond to a request for comment.
Business Insider had previously reported that Malinowski failed to disclose his stock trades. Members are required by the STOCK Act to report their securities transactions — exceeding $1,000 — within 45 days of the trade execution.
“The Committee’s statement extending Rep. Malinowski's review period reflects their standard practice when handling matters from OCE,” said Colston Reid, a spokesperson for Malinowski. “Rep. Malinowski continues to participate in this routine process in good faith, and remains committed to complete transparency with the public; going beyond the requirements for Members of Congress by placing his holdings in an Ethics Committee approved qualified blind trust.”
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Ethics panel announces four investigations - Roll Call
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