Donations to Rep. Chris Collins’ Campaign Plummeted After His Indictment on Insider Trading Charges

“If it wasn’t so shameless, it would be unbelievable.”

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Since Rep. Chris Collins (R-N.Y.) was indicted on insider trading charges in August, donations to his reelection campaign have plummeted, according to his latest quarterly filing to the Federal Election Commission this month.

The National Republican Congressional Committee cut him off, resulting in a 71 percent drop-off in donations from July. Nonetheless, Collins still clings to a lead in his ruby-red upstate New York district.

The three-term incumbent still has his supporters. On September 29, he reported receiving $1,000 from Pharmaceutical Research & Manufacturers (PhRMA), an industry trade group. This was less than eight weeks after he had been charged in an insider trading conspiracy that centered around a pharmaceutical company where he served as a board member. Collins has denied the charges and remains on the ballot, because of some quirky state election laws that makes it all but impossible for the party to remove him. He is not expected to stand trial until February 2020.

Holly Campbell, a spokesperson for PhRMA, disputed this report in an email to Mother Jones, noting that the group’s own filings show a donation being made to Collins on July 31. “It’s also odd that their filing has aggregate [donations] from PhRMA at $2062.50,” she added. “As you can see in our report, all of our contributions are round numbers. So something does not seem right there…”

The Collins campaign did not respond to a request for comment. 

No matter the timing of the donation, it did not go unnoticed by Collins’ Democratic challenger, Nate McMurray, the 43-year-old town supervisor of a small community near Niagara Falls. 

“Let me get this straight: Chris Collins sat on the board of a drug company, then conspired to make sure he didn’t lose money when a drug trial failed, then lied about it to the FBI, then decided he’d run for re-election because his lawyers thought it would keep him out of jail and now the only financial support for his campaign comes from pharmaceutical special interests?” McMurray, 43, said in a statement. “If it wasn’t so shameless, it would be unbelievable.”

Once considered a Republican lock, Collins’ seat in New York’s 27th District, which includes the suburbs of Buffalo and Rochester, is now a ripe Democratic target. McMurray, who told Mother Jones last month that party fundraisers would not return his calls before Collins’ indictment, was added to the Democratic Congressional Campaign Committee’s “Red to Blue” list last week, which guarantees him more institutional party support.

On July 16, McMurray reported just over $46,000 in donations the preceding quarter. Earlier this month, he reported $519,846.94—more than 11 times that amount—helped in part by more than $325,000 raised from ActBlue, the progressive fundraising platform.

This story has been updated to note that a spokesperson for PhRMA disputed the date of the group’s donation to Collins’ campaign.

WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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