Trump’s Biggest Supporter In Congress To Be Investigated For Insider Trading

The Office of Congressional Ethics recommended on Thursday that one of Trump’s biggest supporters in Congress, Rep. Chris Collins (R-NY) be investigated for insider trading.

Here is the violation and recommendation:

Rep. Collins is a frequent face on cable news, as he is one of the few Republican members of Congress who is willing to consistently go on television to defend Trump. A May 2017 Politico investigation revealed that 384 members of the House and Senate made no stock trades over the previous two years, 28 members of the House and six Senators made more than 100 trades often involving policy areas that they oversee. Congress has an insider trading problem, and Rep. Collins must have been incredibly brazen about his activities to get caught.

Ethics rules in Congress are too lax, and since the Legislative Branch has proven that it can’t be counted on to regulate itself, the public must demand all inside traders regardless of party be investigated. The destruction of campaign finance laws along with practices like insider trading leads to a Congress that doesn’t represent the people.

To get more stories like this, subscribe to our newsletter The Daily.

If voters want a Congress that represents their interests, a crackdown on unethical practices is vital.


Copyright PoliticusUSA LLC 2008-2023