Speed Reads


GOP Rep. Chris Collins suspends his campaign amid scandal

Rep. Chris Collins (R-N.Y.) suspended his re-election campaign Saturday, four days after he was arrested by the FBI on insider trading charges.

"After extensive discussions with my family and friends over the last few days, I have decided that it is in the best interests of the constituents of NY-27, the Republican Party, and President Trump's agenda for me to suspend my campaign for re-election to Congress," Collins said in a statement. "I will also continue to fight the meritless charges against me and I look forward to having my good name cleared of any wrongdoing."

Collins was President Trump's first congressional endorser. He allegedly dumped stock in a drug company after privately learning, before the public found out, that its signature multiple sclerosis product did not work.