Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Rep. Chris Collins Suspends Re-election Campaign, Calls Insider Trading Charges 'Meritless'
By
Jen Chung
Published Aug 11, 2018
Modified Aug 11, 2018
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
BRYAN R SMITH/EPA-EFE/Shutterstock
By
Jen Chung
Published Aug 11, 2018
Modified Aug 11, 2018
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Embattled upstate Republican congressman Chris Collins announced on Saturday that he would suspend his re-election campaign, days after being indicted for insider trading. He cited the Democrats' desire to take back the House and impeach President Trump as impetus for his decision.
Federal prosecutors accused Collins, who was the first member of Congress to endorse Trump's presidential bid, of taking not-yet-public information from biotech company Innate Immunotherapeutics about a failed drug test and using that to benefit his son Cameron, and his son's fiancee's family. Collins, as an Innate board member, got details about the failed test and called his son immediately, feds say. There's even video Collins making the alleged calls during the White House Congressional Picnic last year.
Cameron Collins and his fiancee's father, Stephen Zarsky, were also charged. According to the Buffalo News' timeline, "When he spoke with his father by phone, Cameron was at the home in Asbury Park, N.J., that he shared with his girlfriend and future fiancee, Lauren Zarsky, 25. She, too, was an Innate stockholder and, because of her recommendation, so were her parents, Stephen and Dorothy Zarsky. 'I’ll make sure Cam’s dad keeps us in the loop,' Lauren Zarsky once told them, according to federal investigators."
Here is Collins' statement:
"Democrats are laser focused on taking back the House, electing Nancy Pelosi Speaker and then launching impeachment proceedings against President Trump. They would like nothing more than to elect an 'Impeach Trump' Democrat in this District, which is something that neither our country or my party can afford.
After extensive discussions with my family and my friends over the last few, days, I have decided that it is in the best interests of the constituents of NY-27, the Republican Party and President Trump's agenda for me to suspend my campaign for re-election to Congress.
I will fill out the remaining few months of my terms to assure that our community maintains its vote in Congress to support President Trump's agenda to create jobs, eliminate regulations, reduce the size of government, address immigration and lower taxes.
I will also continue to fight the meritless charges brought against me and I look forward to having my good name cleared of any wrongdoing."
The Democrat challenging Collins is Nate McMurray, 43, who is a town supervisor in Grand Island, NY. He told Politico, after Collins' indictment, "None of the Democratic leadership wanted anything to do with me. In some ways they thought I was too conservative; they thought I was too raw. No support was there before. There was zero. I went to go see the folks at the DCCC, and they were very corporate and it was a very uninspiring meeting. It’s been me at potlucks and picnics up until this point. But that’s changed in the last 24 hours. They suddenly think this is an opportunity.”
Governor Cuomo had wanted his lieutenant, Kathy Hochul, to run against Collins, but she declined. Hochul, who spent a year serving the 26th District, recently claimed she didn't regret not jumping into the race, "I loved my time in Congress but I can have a much greater impact, statewide, to help the people of my former district and even the entire state as lieutenant governor."
Before Collins announced his campaign suspension, McMurray Tweeted, "I can’t believe, several days after this news, that my opponent is still in this race and that the Republican establishment is not saying in unison 'resign.' Mr. Collins, please do the right thing. Step down. They knew this was coming You should’ve never even been endorsed."
Tagged
chris collins
impeach trump
insider trading
president trump
upstate
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
NYC Council takes key step toward Mamdani's promised Department of Community Safety
Lawmakers on Friday debate a bill that would create the new department.
By
Ben Feuerherd
Published Oct 30, 2026 at 7:30 a.m. ET
NY progressives have found a way to vote for Hochul, with an asterisk
Progressives are following Mayor Mamdani’s lead and voting for Gov. Hochul, a moderate Democrat, on the Working Families Party ballot line.
By
Walter Wuthmann
News
NY progressives have found a way to vote for Hochul, with an asterisk
Progressives are following Mayor Mamdani’s lead and voting for Gov. Hochul, a moderate Democrat, on the Working Families Party ballot line.
By
Walter Wuthmann
Can you eat the mushrooms growing out of your bathroom ceiling?
By
Rosemary Misdary
Bronx community hosts vigil for boy killed in e-bike fire
By
Carol Chen
8 people charged in $7M SNAP benefit fraud scheme
By
Giulia Heyward
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .