Collins, a Republican who represented New York's 27th district, was arrested in August 2018 on charges of insider trading related to his membership on the board of Australian biotech Innate Immunotherapeutics.
Rep. Chris Collins of New York sent his letter of resignation to Gov. Andrew Cuomo Monday. He was arrested for alleged insider trading in Australia's Innate Immunotherapeutics last year and was reportedly planning to plead guilty to the charges in federal court Tuesday.
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Rep. Christopher Collins of New York had suspended his campaign after his indictment on insider trading charges related to Australia-based Innate Immunotherapeutics.
Rep. Chris Collins of New York was arrested last week for insider trading in shares of Australia's Innate Immunotherapeutics.
Price told HHS ethics officials Thursday that if appointed to be HHS secretary, he will divest himself of the Australian stock as well as stock in about 40 other companies that could pose conflicts.