House speaker boots indicted lawmaker from committee

WASHINGTON (AP) — Speaker Paul Ryan said Wednesday that he was removing an indicted congressman from the House Energy and Commerce Committee and prodded his chamber's ethics panel to pursue "a prompt and thorough investigation" of the lawmaker.

Ryan issued his statement Wednesday after federal prosecutors charged Rep. Chris Collins, R-N.Y., with insider securities trading. He said he was taking the actions even though the courts will have to decide whether the western New York lawmaker is guilty of the allegations.

"Insider trading is a clear violation of the public trust," said Ryan, R-Wis.

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