Rep. Chris Collins Arrested by the FBI for Insider Trading

The New York Republican was the first congressman to back Donald Trump.

D. Myles Cullen/ZUMA

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Rep. Chris Collins (R-N.Y.) has been arrested on charges related to insider trading, the Justice Department announced. The congressman from New York surrendered to federal authorities Wednesday morning, according to NBC News.

The indictment by the US Southern District of New York also named Collins’ son Cameron and Stephen Zarsky, the father of Cameron’s fiancee, as defendants. 

In February 2016, Collins became the first member of Congress to endorse then-candidate Donald Trump’s presidential run. A press conference detailing the charges against Collins is scheduled for noon Thursday.

This is a breaking news post. We will update as more information becomes available. 

Read the indictment below:

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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