Rep. Chris Collins

Is a Trump Ally Profiting Off Congress?

The Hill reports that Buffalo Congressman Chris Collins told colleagues to buy stock in a biotech company where he’s on the board. He also reportedly has brought the company up in official business.

“If you get in early, you’ll make a big profit,” Collins reportedly told another group of House Republicans last summer, according to a second GOP lawmaker who was part of the same 2012 class as Collins.

Half a dozen Republican lawmakers interviewed for this story said they have heard Collins talking up Innate Immunotherapeutics at official meetings and in informal settings on the Hill.

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Chris Collins under investigation

Conflict of Interests for Buffalo Republican?

Republican Chris Collins is already under investigation for insider trading after reporters overheard him bragging about “how many millionaires I’ve made.”

Now, the Daily Beast discovered that a medical device company Collins founded, Audubon Machinery, stands to gain millions if Trumpcare becomes law. He’s also the director of another company, ZeptoMetrix, which would benefit from lower taxes and fees thanks to the repeal of the Affordable Care Act. In total, Collins has $6.5 million in stock between the two companies.

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Trump's signature healthcare plan will have vast impacts for New York.

Trumping the AHCA? How New York will respond to Trumpcare

Since the House of Representatives passed the American Health Care Act and its impact on New York has become more clear, the reaction has been angry towards the Republican Party which pushed it through. After several false starts with Paul Ryan repeatedly delaying a vote on Donald Trump’s signature proposal, the measure squeaked by on a 217 to 213 vote. A series of polls in early May found a paltry 31% approval rating for the plan to repeal and replace Obamacare, the Affordable Care Act, while nearly 50% of the country disapproved.

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News from Western New York

Ok, this is absurd …

Trump’s refugee and travel ban plans have thrust an immigration focal point to emerge in … Champlain, New York? Yep. People are illegally crossing the border into Canada near Champlain in the North Country to escape persecution here in the United States, according to this story by Rick Rojas in the New York Times.

The beats go on …

Eric Schneiderman may be on the rise because of his antagonistic approach to President Trump, but New York Republicans are feeling the squeeze.

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