U.S. Rep. Christopher Collins, center, leaves federal court in Foley Square after his arrest and arraignment on insider trading charges and charges of lying to federal agents. With him is his lawyer, Jonathan Barr of Baker & Hostetler, right.
Rep. Chris Collins, who was indicted on insider trading charges this week, announced Saturday that he is suspending his campaign for Congress.
His announcement leaves his upstate New York seat open for a new conservative candidate in November to take on Grand Island Supervisor Nate McMurray, a Democrat. Collins said his decision was based partly on his family and partly for the sake of the Republican Party.
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