Is alleged in the indictment that he illegally relaid the results of that drug test so that his son could trade on that information. So his son, cameron collins, has also been indicted along with the father of his fiance. The two men made more calls and in the end prosecutors allege theed inners saved themselves more than 700,000 from this tip received by the congressman. And what happened to investigators not in the know, the indictment says when the Company Announced its Clinical Trial was a bust, the stocks went from 46 cents a share to a more 4 cents. A mere 92 . Lets talk this over with our
The latest news from around the world with host Brooke Baldwin. Stock transactions himself, hes liable as a tipper, someone passed Insider Information down the line. I dont see anywhere for him to cooperate. Theres not a lot of good news for the representative. We see the video of him. Hes at the white house for a picnic. Gets this phone call from this Pharmaceutical Company saying, the drug is
Chris Cuomo asks the tough questions to newsmakers in Washington and around the world. But they won, and if you look at why the women won, almost to a person they were much closer to the center and the Traditional Democratic views than what were seeing with the new crops, you included. Do you think that is a reflection about how much change your party can take and how soon, that more of those candidates are winning because theyre huing more closely to Traditional Democratic standards . Well, i think you have to take a look at two things. Where the American People are at and then also what wins campaigns. And its no secret that while Grassroots Campaigns absolutely are have their place and are very strong in Voter Turnout when they are able to turn out voters. Money does win elections. So when you have pac groups that are able to pour in half a million to a Million Dollars per race, that absolutely makes an impact. However, nothing changes the fact that the majority of americans believe
Brian Williams examines the days top political stories and current politicalcampaign news. Washington post also reports tonight the white house is preparing an Executive Order that authorizes the president to punish foreign interference in u. S. Elections. The post writes, quote, the eightpage draft order appears to be an effort to stave off aggressive legislation, including a bill introduced in congress this month and to quell criticism that trump seems to give more credence to russian president Vladimir Putins denials of interference than to u. S. Intelligence agencies conclusion to the kremlin sought to undermine the 2016 election. That comes to us as Florida Democratic senator bill nelson, whose running in a tough reelection fight, tells the tampa bay times, quote, russian operatives have penetrated some of floridas Election Systems ahead of the 2018 mid terms. He said any further information is classified. Today the white house actually did impose new sanctions on
russia, but not
Fiance and her father. All told, the congressman and his family avoided over 768,000 in losses according to the document. And the big question we are asking today is, what does the arrest of Congressman Collins mean for the midterms . Joining me nbc news political director and moderator of meet the press, chuck todd. Nbc news investigations reporter tom winter, New York Times chief metro Political Correspondent shane gold macher and former s. E. C. Enforcement attorney seth waxman. Tom, you have been following this. You were downtown a little bit earlier today. Here is a statement from collins lawyer saying we will answer the charges filed in court and will mount a defense to clear his good name. It is notable the government does not allege that Congressman Collins traded a single chair of Innate Immunotherapeuticss stock. We are confident he will be
Katy Tur hosts coverage of national and international news, including breaking stories. But they seem to certainly come prepared for this
News, analysis and interviews with politicians and observers. When the public trial for the drug was about to be announced as a failure. Want to read a little from the complaint. Mis 416 had the potential to be an enormously profitable if the drug trial was successful. The drug, however, failed the drug trial. Public announcement of these results caused the stock price to drop by 92 . In or about june of 2017, Christopher Collins violated the duties he owed to innate by Passing Material Nonpublic information regarding the Drug Trial Results to his son the defendant so that Cameron Collins could use that information to make timely trades in innate stock and tip others. In detail, it was stunning from the actual complaint itself, those phone calls or the initial ones from the congressman to his sn, they took place on the grounds of the white house, during the white house congressional picnic. Anybody who has been paying attention to Chris Collins on capitol hill the last couple of years