Maine senator Collins faces assault advertisements over inventory buying and selling ban opposition

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FIRST ON FOX: Sen. Susan Collins, R-Maine, is pushing towards a pair of advertisements from a bunch linked to Senate Minority Chief Chuck Schumer, D-N.Y., that implies she has enriched herself with shares over her almost three a long time in Washington.

The Majority Ahead PAC, a political motion committee that's affiliated with the Schumer-linked Senate Majority PAC, launched a $700,000 advert marketing campaign towards Collins, who's eyeing a bid for a sixth time period within the Senate, however has but to formally launch her marketing campaign.

The pair of advertisements, one a 30-second spot titled "Greed," the opposite a 15-second spot titled "This Life," goal Collins for her opposition to a congressional inventory buying and selling ban by Sen. Josh Hawley, R-Mo. Nonetheless, her workplace argued that by means of photographs of personal jets and Collins in glamorous apparel, the advertisements prompt that she has personally enriched herself by means of trades whereas working as a lawmaker.

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Sen. Susan Collins, R-Maine, pushed again towards Majority Ahead, a Democratic PAC aligned with Senate Minority Chief Chuck Schumer, D-N.Y., for advertisements that counsel she has spent her profession in Washington buying and selling shares to counterpoint herself. (Picture by Chip Somodevilla/Getty Photos)

The advertisements accuse Collins of "the worst form of greed; utilizing insider data to commerce shares."

"She’s opposing a bipartisan invoice that may ban members of Congress from buying and selling shares," the narrator mentioned. "Our representatives ought to be serving the folks of Maine, not lining their very own pockets."

Whereas Collins doesn't straight personal any shares, in line with disclosure filings, her husband Tom Daffron does. Nonetheless, a commerce has not been made since final 12 months, and her workplace argued that Daffron’s holdings are made by a third-party advisor.

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U.S. Senate Minority Chief Chuck Schumer D-N.Y., (Left) and Home Minority Chief Hakeem Jeffries, D-N.Y., (Proper) converse at a press convention on the U.S. Capitol on June 11, 2025 in Washington, DC. (Kevin Dietsch/Getty Photos)

"Senator Collins has by no means purchased, offered, or owned any shares of inventory throughout her complete Senate tenure," her workplace instructed Fox Information Digital. "Tom Daffron’s funding choices are made solely by a third-party advisor with out his session. No particular person shares have been purchased or offered from his account in virtually three years."

Majority Ahead spokesperson Lauren French fired again in a press release to Fox Information Digital that the advertisements go after Collins "for her refusal to help a inventory buying and selling ban for members of Congress and their households — bipartisan laws that 95 p.c of Mainers help."

"Nowhere within the advert does it say Senator Collins frequently buys, sells, or owns shares (although her husband does) — but when she continues to be confused, we'll be completely happy to proceed airing it all through Maine so each she and her constituents can perceive how her opposition to ending inventory buying and selling is enabling her colleagues to profit from their positions of energy," French mentioned.

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President Donald Trump has dismissed strategies that he would goal political enemies, however Trump’s combative strategy displays a sample that has outlined each his profession and American politics extra broadly. (Aaron Schwartz/CNP/Bloomberg through Getty Photos)

Senate Democrats are hoping that their prized candidate, Gov. Janet Mills, D-Maine, jumps into the race to tackle Collins. Nonetheless, Mills, who's term-limited, has not made an official announcement on her plans and the Democratic major has quick turn into crowded.

Collins instructed the Bangor Each day Information that she didn't help Hawley’s invoice final month, and as a substitute argued that there ought to be extra enforcement of already current guidelines that bar members from insider buying and selling.

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The White Home equally panned the invoice, which might has included a carve out for each President Donald Trump and Vice President JD Vance, and all Republicans on the Senate Homeland Safety and Governmental Accountability Committee, apart from Hawley, voted towards the invoice. Collins is just not a member of that committee.

Nonetheless, Trump has since warmed to the thought of a congressional inventory buying and selling ban, and lauded the push by Rep. Anna Paulina, R-Fla., as a "MASSIVE WIN" on Fact Social.