GOP Lawmaker Resigns, Will Plead Guilty in Insider-Trading Case
- New York congressman was charged last year with illegal trades
- Collins was first member of Congress to back Trump in 2016
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U.S. Representative Christopher Collins, a Republican from New York who was an early supporter of Donald Trump’s presidential run, is resigning from Congress and pleading guilty in an insider-trading case.
Collins was charged last year with passing non-public information about Innate Immunotherapeutics Ltd., an Australian biotechnology company, to his son. The lawmaker was arrested in August 2018 along with the son, Cameron Collins, and Stephen Zarsky, the father of Cameron’s fiancee. Prosecutors said the case was the first in which insider-trading charges were brought against a sitting member of Congress.