Tags: chris collins | republican | campaign | suspension

Facing Indictment, GOP Rep. Chris Collins Stepping Down

Facing Indictment, GOP Rep. Chris Collins Stepping Down
Rep. Chris Collins (R-N.Y.) walks out of a New York court house after being charged with insider trading on August 8, 2018 in New York. (Spencer Platt/Getty Images)

Saturday, 11 August 2018 10:26 AM

Republican U.S. Rep Chris Collins says he will no longer run for re-election after being charged with insider trading.

Collins said in a statement released Saturday he will suspend his re-election campaign and fill out the rest of his term.

The New York congressman was arrested Wednesday on charges he used inside information about a biotechnology company to make illicit stock trades. An indictment was unsealed in federal court in Manhattan. He has denied any wrongdoing.

His announcement comes a few days after he said he would remain on the ballot despite the charges.

His statement said he's ending his campaign in the best interest of his constituents, President Donald Trump and the Republican Party.

Collins was first elected in 2012.

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"After extensive discussions with my family and my friends over the last few days, I have decided that it is in the best interests of the constituents of NY-27, the Republican Party and President Trump's agenda for me to suspend my campaign for re-election to Congress,"...
chris collins, republican, campaign, suspension
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2018-26-11
Saturday, 11 August 2018 10:26 AM
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