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That. jake sherman from politico wrote overheard in the capital, new york representative chris collins talking loudly into a phone just off the house floor bragging about how many millionaires i made in buffalo in the last month. bragging about a stock tip. the word that was used was brazen. we are hearing about a white house picnic and just off the floor. all of this going on within the earshot of powerful influential people. >> apparently believe he is above the law. he is hiding in plain sight. flagrantly violating the law and believes he is not going to get caught. >> tell us laura, about ...

>> it's a brave new world. >> stop heading higher. >> if you love peanut butter and jelly, you'll love the stock tip. >> what if you don't? adam. >> large cap better dividend than the s&p 500. >> so you get that added oomph there. ben. >> keep it simple stupid, spy-- >> did you hear him?

Biotech company. price initially reported the value of his stake to be up to $50,000. it turns out to be closer to $250,000 which is, well, a lot more. this is the latest story to raise questions about whether price may have been using his position as a u.s. congressman, writing legislation on health care to benefit directly financially from the health care industry. keiser health news reported recently price brought shares in that same australian firm, innate immunotherapeutics at a steep discount offered to only "sophisticated u.s. investors." it turns out congressman chris collins just happ...

Collins just happens to sit on the company's board. while price insists he never received a direct stock tip from collins, he admitted to discussing the company with collins before making the purchase. add to that a growing number of reports indicating price repeatedly invested in health-related company then pushed bills that could benefit those companies directly. he insists it was all on the up and up. >> everything i did was ethical, above board, legal and transparent. the reason that you know about these things is because we have made that information available in realtime. >> now, he may ...

Mutual fund? >> no. >> for ak an actively managed mutual fund? >> it's a brokered directed account. >> through a blind trust? so let's just be clear. this is not just a stock broker, someone you pay to handle the paperwork. this is someone who buys stock at your direction. this is someone who buys and sell the stock that you want them to buy and sell? >> not true. >> so when you found out -- >> that's not true, senator. >> because i decide not to tell them, wink, wink, nod, nod, and we're all supposed to believe that? >> democratic senator patty murry also asked questions of price to buy share...