New York Rep. Chris Collins submitted his resignation from Congress on Monday, one day ahead of his expected guilty plea to federal charges in an insider trading case, according to the House Speaker's office, court documents and a person familiar with the matter.
New York Republican Rep. Chris Collins suspended his reelection campaign on Saturday after he was indicted earlier this week on charges related to insider trading.
Commerce Secretary Wilbur Ross is rejecting "unfounded allegations" that he participated in insider trading following reports in The New York Times and Forbes scrutinizing a financial transaction he took part in involving a Kremlin-linked shipping firm.
A Goldman Sachs vice president has been charged with insider trading.
