U.S. lawmaker charged with insider trading halts re-election bid


WASHINGTON (Reuters) – U.S. Representative Chris Collins, a Republican ally of President Donald Trump who has been charged with taking part in an insider trading scheme, said on Saturday he was suspending his campaign for re-election to Congress.

FILE PHOTO: Representative Chris Collins (R-NY) is seen on a screen as he delivers his nomination speech for Republican U.S. Presidential candidate Donald Trump at the Republican National Convention in Cleveland, Ohio, U.S. July 19, 2016. REUTERS/Mark Kauzlarich/File Photo

In a statement posted on Twitter, Collins said he thought the decision…



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