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Los Angeles Times
Los Angeles Times
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Michael Hiltzik

Michael Hiltzik: Ban congressional stock trading, but don't stop there

One wonders whether Rep. Mike Kelly (R-Pa.) has come to regret the financial killing his wife made in shares of the steel company Cleveland-Cliffs last year.

According to public filings, Victoria Kelly's trading turned a profit somewhere between $28,000 and $137,500 in less than a year.

The trading, however, turned him into a poster child for the potential conflicts of interest that can arise from congressional members' unrestricted stock trading, and also earned him an investigation by congressional ethics officials.

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