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Embattled Rep. Chris Collins suspends re-election bid

U.S. Rep. Chris Collins is suspending his re-election campaign after he was charged this week with insider trading.

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As the Washington Post reported, the New York Republican announced his decision was made after considering the best interests of his constituents and party.

The reversal came after he described the allegations against him as unfounded and vowed to remain on the ballot in November.

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