Rep. Chris Collins to resign amid plans to plead guilty in insider trading case

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Rep. Chris Collins to resign amid plans to plead guilty in insider trading case
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JUST IN: GOP Rep. Chris Collins resigns amid plans to plead guilty in insider trading case

Collins sent a letter of resignation Monday to the office of House Speaker Nancy Pelosi, according to her spokesman, who said Collins's resignation will be effective Tuesday.The first sitting congressman to back President Donald Trump's bid for the White House, Collins was reelected to office several months after he was originally indicted in the insider trading case.

Collins and his co-defendants had pleaded not guilty twice in the case, once after the original set of charges in August 2018 and a second time -- to the revised charges contained in what's known as a superseding indictment -- earlier this month.

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