GOP Congressman Broke The Law, House Ethics Watchdog Says
“Substantial Reason To Believe” Republican Congressman broke the law with insider stock scandal.
Republican Congressman Chris Collins broke the law and violated ethics rules with insider stock trades, a nonpartisan ethics watchdog has found.
According to the Office of Congressional Ethics, there is “substantial reason to believe” that Collins broke the law when he shared nonpublic information about the stock of a company named Innate and used his official capacity in Congress to help the company.
The investigation found that two National Institutes of Health employees told the Office of Congressional Ethics that Collins asked an NIH employee to help Innate with a clinical trial.
Collins first came under scrutiny after it was reported that he purchased Innate stoke while the FDA was reviewing a drug made by the company and simultaneously introduced an amendment to a bill that would have helped Innate’s FDA review.
[image via MSNBC screenshot]
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