The GOP congressman accused of insider trading while at a White House picnic is still going to run for re-election

Fox News

• Congressman Chris Collins was arrested yesterday on charges of securities fraud, including a claim of insider trading at a White House picnic.
• Collins claims the charges are "meritless", and told a press conference he will stand for re-election in the mid-terms.
• He represents the 27th District of New York in the House of Representatives.

---

The GOP congressman accused of insider trading has vowed to stand for re-election in November, despite the allegations against him.

Chris Collins, who represents the 27th district of New York, was arrested by the FBI on Wednesday and charged with securities fraud, including an allegation that he made an insider trade from a picnic held at the White House.

See the rest of the story at Business Insider

NOW WATCH: Congress has its own exclusive subway — here’s what it’s like

See Also:

• Indicted Rep. Chris Collins shows why members of Congress should not trade stocks
• FBI arrests GOP congressman on insider-trading charges
• A US government watchdog is warning that Trump's border wall could cost billions more than he claims

from Business Insider https://ift.tt/2MfxL0r