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Post by bot on Aug 11, 2018 13:42:59 GMT -5
Rep. Chris Collins, tagged with insider trading charge, will now suspend reelection campaign
Rep. Chris Collins, the New York Republican charged this week with insider trading using family members holding the stock of an Australian biotech firm on whose board he served, said Saturday he will now suspend his pursuit of reelection in November. Collins, who has said he will fight the charges brought by the SEC, had first said this week that he would stick to the race as the Republicans fight to maintain a thin edge in the House. "Democrats are laser focused on taking back the House, electing Nancy Pelosi Speaker and then launching impeachment proceedings against President Trump," Collins, considered the first member of Congress to endorse a candidate Trump, said in a tweeted statement. "They would like nothing more than to elect an 'Impeach Trump' Democrat in this District, which is something that neither our country or my party can afford." It wasn't immediately clear if the party would be able to remove his name from the ballot.
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