Coverage of national and international news, including breaking stories. 2016. He was a very close ally of tom price, instrumental in price being chosen as Hhs Secretary. You know price has since left that post. Collins attorneys have released an official statement saying quote, we will answer the charges filed against Congress Collins in court. And will mount a vigorous defense to clear his good name. It is notable that even the government does not allege that congress man collins traded a single share of innate therapeutic stock. We are confident hell be completely vindicated and exonerated. The complaint also alleged that collins was at the white house attending the Congressional Picnic when he conducted some of the activity that led to the Insider Trading charges. This one is extraordinary for me. Hes nots just being investigated. Hes not just being charged. He was arrested. They knocked on his door and arrested him. A serving congressman. Wow. Joining me now nbc news
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obama or bush at this point in the administration. the regulatory relief is really a part of the reason our economy is doing well. stock market s at record highs. pulled us out of the trans-pacific partnership that would have cost this country hundreds of thousands of jobs. same goes for the paris climate accord. we continue to follow the breaking news on that man right there. republican congressman chris collins of new york. praising president trump last year. but right now, congressman collins is due in federal court after being indicted on insider trading charges. pros kurtsers say he used z his position at a biotech firm where he was on the board of directors to help his family avoid almost 1 million bucks in stock losses. he surerves on the board of inne immunotherapies. he owns 17% of the stock. here s what happened. according to the indictment, last year, after discovering that a major drug trial had