Speculations are rife that Chris Collins, a Representative from the Republican Party is all set to plead guilty to an insider trading case. Collins was indicted for the same in the month of August. It is not known what charges Collins will plead guilty to, and it is not even clear if he will resign from Congress.
He's already resigned. This is not a partisan thing. He's just a scumbag that thought he could make a killing by breaking the law.