NY GOP Congressman Chris Collins suspends campaign amid insider trading allegations

[Maeve]

Last edited Sat Aug 11, 2018, 12:52 PM - Edit history (1)

Source: CNBC

Rep. Chris Collins, one of President Donald Trump's earliest backers in Congress, suspended his campaign on Saturday, in the wake of insider trading allegations that resulted in his dramatic arrest this week.

In a statement, the New York Republican who represents the state's 27th Congressional district said that "after extensive discussions with my family and my 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."



Read more: https://www.cnbc.com/2018/08/11/ny-gop-congressman-chris-collins-suspends-campaign.html

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Updated to add this paragraph:

The congressman may have trouble getting his name removed from the ballot ahead of the November elections. New York's labyrinthine laws make it difficult for a candidate to have his or her name revoked, including death, disqualification or asking for removal. The latter has several deadlines, all of which Collins appears to have missed — meaning it's entirely possible he could be reelected, even under indictment.

[PJMcK]

1. Guilty

His friends and family told him he was toast.

The GOP is running scared. They're afraid of a blue wave.

Good.

[olegramps]

7. One more Republican rat faced bastard traditor bites the dust.

[displacedtexan]

2. The GOP dumped his ass.

Otherwise, he'd never give up.

[workinclasszero]

20. Koch bros probably gave him marching orders

[thbobby]

3. Another one bites the dust

Jim Jordan must be forced to follow the lead of his fellow criminals and perverts.

[BumRushDaShow]

4. After all the me me me me sound and fury

as usual it signified nothing.

I would have expected that his lawyer(s) showed him how open and shut the case was and that it would be foolish to just toss it off. Could be the lawyers are going to try to get a plea agreement since (I think) his future mother-in-law and future daughter-in-law did plea deals.

WaPo breaking -

Rep. Chris Collins (R-N.Y.) suspending reelection bid after being charged with insider trading


by Washington Post Staff August 11 at 10:24 AM

Republican Rep. Chris Collins said in a statement Saturday morning that his decision was in the best interest of his constituents, the GOP and President Trump’s agenda.

Earlier this week he called the multiple charges meritless and said he would remain on the ballot.

This is a developing story. It will be updated.

https://www.washingtonpost.com/news/politics/wp/2018/08/11/rep-chris-collins-r-n-y-suspending-reelection-bid-after-being-charged-with-insider-trading/?utm_term=.29992413896c&wpisrc=al_news__alert-politics--alert-national&wpmk=1

[Gothmog]

5. From MSNBC

Link to tweet

[DinahMoeHum]

6. Support his Democratic opponent, Nate McMurray

https://votemcmurray.com/

Link to tweet

[SergeStorms]

15. I'm going to send McMurray a contribution....

right now! It's about time that district was wrested from dark red Republican Commie rule!!

Love your screen name, btw.

[pangaia]

22. THANK YOUUUUUUUU

I live here and volunteer for Nate.

He's the real deal.. and a good human being, to boot.

[pangaia]

23. BRAVO !!!!!!!!!!!!!!

I live here....

NATE is GREAT !!

Thanks for the props...

[Maeve]

8. You could see the fear in his eyes when he first responded

That and trying to hide behind his wife's skirts....after listening to the case laid out against him, I thought it was just a matter of time before he'd slink off with his tail between his legs.

[bucolic_frolic]

9. Highest profile campaign suspension since John McCain raced to New York in 2008

to solve the financial crisis and found out he had no idea what to do. The suspense is palpable, when does the campaign un-suspend itself? Because these bozos use this as political ju-jitzu to garner sympathy from their party, then they rejoin the race! If he really cared about his party, he would just end - END - his campaign and resign!

[EricMaundry]

10. Another bad day for the swampies

Of course, that would be just about every day now.

[TheCowsCameHome]

11. Translation:

I am just soooo screwn.



But Trump is a great guy.................

[Racerdog1]

12. Another one bites the dust.

Good riddance, you low life piece of shit. Enjoy your cell.

[malthaussen]

13. I think I'm suffering from whiplash again...

... didn't he just vow to run for re-election despite being indicted?

-- Mal

[Older Than I Look]

14. This is good

[Sneederbunk]

16. Constituents would ask questions on campaign trail. Awkward.

[Scurrilous]

17. K&R

[turbinetree]

18. Hey asshole, here is a song for you......................

and I think the citizens should demand that you pay back every tax dollars that you have taken from the citizens of this country while you were scheming this crime........you were getting a $223,000 a year pay check from us while you were being a fucking criminal.....................................

November 2018 cannot get here fast enough........................vote

[Hugin]

19. Off to the cabinet, I guess.

I hear there's openings at the SEC.

[Raven123]

21. Can he use his existing campaign funds to pay for legal expenses?

[FakeNoose]

24. He made a killing in the stock market

I don't think he's hurting for money. Theoretically he should return all the campaign contributions he received to the original donors. The money that can't be returned will probably be given to the NY Republican Party. That's my guess but I don't really know.

Collins is done, there's no career left for this guy. He'll go to prison, and hopefully do something useful. Martha Stewart survived, but she was only in for less than a year. Collins could teach federal prisoners how to invest in the stock market.

[gibraltar72]

25. He's gonna spend more time with his family!

[NCjack]

29. ... and more time with his lawyer, preparing his legal defense. nt

[kimbutgar]

26. If Martha Stewart went to jail for the same thing this guy has a nice cell waiting for him!

[elleng]

27. *The Democratic candidate in the race, Nate McMurray, the town supervisor of Grand Island,

had only $80,000 in his campaign account when the indictment was announced — far less than is typically needed to wage an aggressive challenge.

Mr. McMurray had not been the preferred candidate of Democratic leaders in New York, led by Gov. Andrew M. Cuomo, who had recruited Lt. Gov. Kathy Hochul for the seat. She declined and instead ran for re-election.'>>>

https://www.nytimes.com/2018/08/11/nyregion/chris-collins-new-york.html?

[Yo_Mama_Been_Loggin]

28. Aint that a shame