What just happened with Matt Gaetz?

Trump's nominee for AG just went down in flames. Was this a planned flameout or a complete farce on the part of Trump's transition team?

I’m sure you’ve all heard by now that Matt Gaetz withdrew his nomination for Attorney General today. Gaetz was a bold choice on Trump’s part, and his nomination surprised a lot of people, including me.

So what just happened? Why did Gaetz withdraw?

As far as I can tell, it has something to do with the House Ethics Committee report on what is supposedly se…