House Republican Rep. Chris Collins conspired with friends and family to break insider trading laws, warning them of an impending stock price collapse in the public drug company which he served as a Board Member and major shareholder, to help them save $768,000 in losses. Collins did it all from the White House lawn under the literal gaze of President Trump according to SDNY prosecutors’ indictment. Washington Post reporter Emily Heil posted a picture of the crime-scene onto Twitter last year. Rep. Collins was on Trump’s transition team and helped get another Republican shareholder in the same company, Tom Price, named to head HHS which oversees the Food and Drug Administration. Transcript.
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