Chris Collins resigns from Congress after news of insider trading guilty plea

Republican Rep. Chris Collins has reportedly resigned from Congress.

The New York congressman is expected to enter a guilty plea in Manhattan federal court Tuesday for his alleged role in alerting his son, Cameron Collins, about a drug trial failure before it was publicly known.

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He was arrested in 2018 along with Cameron and co-defendant Stephen Zarsky. Collins was set to go to trial next year on charges of conspiracy, securities fraud, wire fraud, and making false statements to the FBI.

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