Chris Collins faces ethics inquiry over investments
Source: Politico
By JOHN BRESNAHAN 05/16/17 06:18 PM EDT
Rep. Chris Collins (R-N.Y.) is under scrutiny by ethics investigators for his role in soliciting investors for an Australian biotech company, according to a news report.
The Buffalo News reported on Tuesday that investigators from the Office of Congressional Ethics the independent ethics watchdog are speaking to Buffalo-area investors in the company, Innate Immunotherapeutics, over Collins' role in finding investors.
Collins owns a stake in the firm worth $5 million to $25 million, according to his most recent financial disclosure report.
Collins, one of President Donald Trump's most vocal supporters, was once heard bragging in the House Speakers' Lobby about how many millionaires Ive made in Buffalo the past few months.
Read more: http://www.politico.com/story/2017/05/16/chris-collins-ethics-investments-238462