Welcomed the Energy Secretary to the Cleveland-Cliffs plant in Butler. In 2025 the Ethics Committee said he and his wife should sell the company's shares before he acts for it again; his latest annual form still lists them.

The Action

His annual financial disclosure for 2025, filed Aug 13, 2026 (Filing ID #10075845), lists "Victoria Kelly Trust ICA => Cleveland-Cliffs Inc. Common Stock (CLF)", owner SP (his wife), $15,001 - $50,000. The House Ethics Committee report of Jul 25, 2025 says he and his wife "should divest of any stock in the company before Representative Kelly takes any further official actions directly related to that company".

The Gap

The Committee said sell before acting for the company again. A year later his own form still lists the shares, and in October he welcomed a Cabinet secretary to the company's plant.

The Read

The Ethics Committee closed its case on Jul 25, 2025. It did not find that he clearly broke conflict of interest rules, or evidence that he knowingly caused his wife to trade on inside information. It did say his "ongoing financial interest" in Cleveland-Cliffs "creates an appearance of impropriety", and that he and his wife should sell any of its stock before he takes "any further official actions directly related to that company". The report itself calls such a recommendation rare.

His annual report for 2025, signed on Aug 13, 2026, lists Cleveland-Cliffs common stock in his wife's trust, valued at $15,001 to $50,000. None of his eleven trade reports filed in 2026, the latest on Oct 14, shows it sold.

On Oct 6 he welcomed the Energy Secretary to Butler Works, the Cleveland-Cliffs plant in his district that makes the grain-oriented electrical steel used in transformers. On Oct 10 he posted again that he had joined the Secretary there "to highlight the $75 million federal funding at work at the facility". The company's own 2026 proxy statement says that award was announced in 2024.

Two things the documents leave open. The annual report is a picture of Dec 31, 2025, and a sale after about Sep 12 would not yet have to be on file. And whether welcoming a Cabinet visit is an "official action directly related" to the company is a judgment the Committee did not make; we make none for it. The same report says it "would be unreasonable to expect" him not to act for a plant this important to his district, which is why it asked for the shares to go rather than for him to stay away.

We sent questions by email to his office on Oct 7, 2026, asking whether the shares had been sold and whether he meant to follow the Committee's recommendation. We have seen no reply. If one comes, it goes here in full.

The recommendation binds nobody. The form and the visit are both his.