New York Congressman Suspends Campaign

(Washington, DC)  --  New York  Congressman Chris Collins is suspending his re-election bid after being  charged with insider trading. 

 Collins, a Republican ally of President  Trump, announced the move today on Twitter.   Collins was charged  earlier this week of taking part in an insider trading scheme involving  an Australian biotech company.   He has denied the charges.  In a brief  statement, Collins said his decision to suspend his campaign was in the  best interests of the Republican party and voters in New York.     

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Photo:  Aaron P. Bernstein-Getty Images

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