Jan 17, 2020

Former GOP Rep. Chris Collins sentenced to 26 months in insider trading case

Ex-Rep. Chris Collins ahead of a sentencing hearing on Jan. 17 in New York City. Photo: Scott Heins/Getty Images

Former Rep. Chris Collins (R-N.Y.) was sentenced on Friday to just over two years in prison for making false statements to the FBI and conspiracy to commit securities fraud, the Washington Post reports.

Flashback: Federal prosecutors recommended this week that Collins receive up to 57 months in prison for pleading guilty to insider trading last year. Collins, the first congressman to endorse President Trump in 2016, resigned in September.

Background: Collins was arrested in connection with an alleged insider trading scheme in August 2018 involving Innate Immunotherapeutics, an Australian drug company whose board he sat on for years.

  • Prosecutors alleged that Collins received a tip about about a failed clinical trial involving the company's only product. He then allegedly called his son Cameron, who sold off shares of Innate stock the next day.

Go deeper: Prosecutors recommend almost 5 years in prison for former GOP Rep. Chris Collins

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Susan Collins will vote to acquit Trump in impeachment trial

Photo: Alex Edelman/Getty Images

Sen. Susan Collins (R-Me.) announced Tuesday that she will vote to acquit President Trump in his impeachment trial, despite believing that the president's actions toward Ukraine “demonstrated very poor judgment.”

Why it matters: The moderate senator was thought to be among the likeliest of the Republicans to vote to convict Trump. Her decision to acquit Trump means Sen. Mitt Romney (R-Utah) is Democrats' last chance for a bipartisan conviction vote.

Go deeperArrowUpdated Feb 4, 2020 - Politics & Policy

Rep. Doug Collins confirms Georgia Senate run, triggering GOP battle

Rep. Doug Collins. Photo: Patrick Semansky-Pool/Getty Images

Georgia Rep. Doug Collins told "Fox & Friends" Wednesday he will challenge Sen. Kelly Loeffler, another Republican, for her seat in the state's election this year.

Why it matters: Collins' announcement has "sparked an intraparty Republican brawl between a top defender of President Trump and a business executive who was appointed to the post by Republican Gov. Brian Kemp," the Washington Post writes.

Go deeperArrowJan 29, 2020

Trump rages against his own DOJ after Stone prosecutors quit

President Trump speaks to reporters at the White House on Tuesday. Photo: Mark Wilson/Getty Images

President Trump railed on Twitter against Department of Justice prosecutors who recommended Roger Stone serve 7–9 years in prison Tuesday night — and he later tweeted, "Prosecutorial Misconduct?"

"Who are the four prosecutors (Mueller people?) who cut and ran after being exposed for recommending a ridiculous 9 year prison sentence to a man that got caught up in an investigation that was illegal, the Mueller Scam, and shouldn't ever even have started? 13 Angry Democrats?"
Go deeperArrowUpdated Feb 12, 2020 - Politics & Policy