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Mon Sep 30, 2019, 01:03 PM

Republican Rep. Chris Collins resigns House seat ahead of guilty plea to insider-trading charges

Last edited Mon Sep 30, 2019, 01:41 PM - Edit history (2)

Source: Washington Post




NEW YORK -- Rep. Chris Collins is resigning from Congress and expected to plead guilty to insider-trading charges on Tuesday, following
allegations last year that the Republican from New York schemed with his son to avoid significant losses on a biotechnology investment. Collins, President Trump's first congressional supporter, allegedly tipped off his son to confidential information about an Australian biotechnology company, Innate Immunotherapeutics, that he learned as a member of its board. Collins and several others used the information to avoid more than $700,000 in losses, according to prosecutors.

He is scheduled to change his plea Tuesday afternoon in a Manhattan federal court.Collins's son, Cameron; and another family member are scheduled to change their pleas on Thursday. House Speaker Nancy Pelosi (D-Calif.) received a letter of resignation from Collins on Monday, a senior Democratic aide said. The resignation will be effective when the letter is officially filed at a scheduled House session Tuesday. Collins' attorney did not respond to an email and phone call seeking comment.

Collins, who once called the charges against him "meritless," has since 2013 represented New York's 27th Congressional District, which encompasses suburban and rural areas stretching east of the Buffalo metropolitan area.Collins won reelection last year after initially suspending his campaign, then reversing that decision despite pressure from Republicans to step aside and allow another GOP candidate on the ballot. Collins was sworn in for a fourth term in January but was not seated on any House committees pending resolution of his indictment.

Several candidates have announced campaigns to challenge Collins in 2020, including GOP state Sens. Chris Jacobs and Rob Ortt as well as Democratic lawyer Nate McMurray, who came about 1,000 votes shy of unseating Collins last year. Should Collins resign, New York Gov. Andrew M. Cuomo (D) would set a special election for the coming months.

Read more: https://www.washingtonpost.com/business/2019/09/30/rep-chris-collins-expected-plead-guilty-insider-trading-case/



Original article -

By Renae Merle and Mike DeBonis
September 30, 2019 at 1:58 p.m. EDT

BREAKING: House Speaker Nancy Pelosi (D-Calif.) received a letter of resignation from Collins on Monday, a senior Democratic aide said. The resignation will be effective when the letter is officially filed at a scheduled House session Tuesday.

This is a developing story. It will be updated.

https://www.washingtonpost.com/business/2019/09/30/rep-chris-collins-expected-plead-guilty-insider-trading-case/

19 replies, 1254 views

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Arrow 19 replies Author Time Post
Reply Republican Rep. Chris Collins resigns House seat ahead of guilty plea to insider-trading charges (Original post)
BumRushDaShow Sep 30 OP
Hekate Sep 30 #1
gademocrat7 Sep 30 #2
dem4decades Sep 30 #3
BumRushDaShow Sep 30 #6
DinahMoeHum Sep 30 #12
Progressive Jones Sep 30 #19
Doreen Sep 30 #4
IronLionZion Sep 30 #5
Jose Garcia Sep 30 #9
pbmus Sep 30 #7
BumRushDaShow Sep 30 #8
beachbumbob Sep 30 #10
bucolic_frolic Sep 30 #11
tblue37 Sep 30 #13
BumRushDaShow Sep 30 #14
dalton99a Sep 30 #15
BumRushDaShow Sep 30 #16
Yo_Mama_Been_Loggin Sep 30 #17
kwolf68 Sep 30 #18

Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:05 PM

1. Hm. One less Repub to vote against impeachment.

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:07 PM

2. Good news!

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:08 PM

3. Wasn't he just reelected even with these charges? If you're hoping Republicans won't

Back a criminal, they don't seem to care.

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Response to dem4decades (Reply #3)

Mon Sep 30, 2019, 01:21 PM

6. YES!

That is what was wild about that district.

And I remember they were slow to call that race too because it was so close but he still won the district by about 1100 votes over the Democratic challenger. The fact that it was close in a +25 Drumpf district means that it might really be competitive.

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Response to BumRushDaShow (Reply #6)

Mon Sep 30, 2019, 02:59 PM

12. Nate McMurray is running again for the seat. . .

. . .regardless of what pollsters are claiming; that the odds of the NY-27 seat remaining in the GOP have increased since this news.

Collins' margin of victory last year was 49.12 - 48.74
https://www.ourcampaigns.com/RaceDetail.html?RaceID=832991

To help McMurray's campaign: https://votemcmurray.com/

https://twitter.com/Nate_McMurray?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.facebook.com/nate.mcmurray27/

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Response to dem4decades (Reply #3)

Mon Sep 30, 2019, 08:49 PM

19. He only won by about 1,000 votes. nt

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:09 PM

4. Another Democrat chair in the house.

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:15 PM

5. Last election had 1000 vote margin. Dems should still try for this seat

especially if it will be a blue wave

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Response to IronLionZion (Reply #5)

Mon Sep 30, 2019, 01:42 PM

9. That election was after he was arrested and charged

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:23 PM

7. And another.....

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Response to pbmus (Reply #7)

Mon Sep 30, 2019, 01:40 PM

8. I almost posted that

but got distracted.

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:52 PM

10. he plea deals on so-called "meritless" charges huh? Don't think so

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 01:53 PM

11. He finally figured out he did it

A pustule on the human genome

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 03:58 PM

13. He was the first to endorse Trump. Duncan Hunter, also under indicment, was the second.

I sense a pattern.

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Response to tblue37 (Reply #13)

Mon Sep 30, 2019, 04:05 PM

14. First in the House BUT

Sessions was the first in the Senate - https://www.nbcnews.com/politics/2016-election/alabama-s-jeff-sessions-becomes-first-senator-endorse-trump-n527661

(and he has literally disappeared into his really deep underground elf troll hole )

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Response to BumRushDaShow (Reply #14)

Mon Sep 30, 2019, 06:38 PM

15. Sessions will be keynote speaker at Trump fundraiser tomorrow

Former U.S. Attorney General Jeff Sessions will be the keynote speaker Oct. 1 at the annual Madison County Republican Party Freedom Dinner.

The longtime Alabama senator has largely kept a low public profile since leaving office last year as AG in the Trump administration in which Sessions was a frequent target of criticism by the president.

The Leo K. Thorsness Freedom Award will also be presented at the dinner.

The event is also a fundraiser for the Madison County GOP to help re-elect President Donald Trump and defeat Sen. Doug Jones, who won the seat in a special election in 2017 to complete Sessions' term. A post on the party's website described Jones as "one and done."

Electing state legislators and other district representatives as well as winning Madison County seats are also an agenda item.

The event will be at 7 p.m. at the Jackson Center on the campus of HudsonAlpha Center for Biotechnology in Cummings Research Park. Tickets are $50.

https://www.al.com/news/2019/09/former-ag-jeff-sessions-to-speak-in-huntsville.html

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Response to dalton99a (Reply #15)

Mon Sep 30, 2019, 07:00 PM

16. I expect his personal goal

is with respect to salvaging the Senate seat and not in support of the guy who removed him!

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 07:52 PM

17. Another Republican going to jail.

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Response to BumRushDaShow (Original post)

Mon Sep 30, 2019, 07:54 PM

18. More Republican Scum

eom

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