California Congresswoman Maxine Waters, D-Los Angeles, is in hot water over ethics violations according to a House Ethics Committee panel.
The Los Angeles Times is reporting:
WASHINGTON — In accusing Rep. Maxine Waters (D- Los Angeles) of violating House ethics rules, congressional investigators have focused on a meeting she arranged with Treasury officials that they say centered on the fortunes of a single bank — one with ties to her husband.
Three months after Waters called Treasury Secretary Henry Paulson to set up the meeting during the financial crisis, OneUnited Bank received $12 million in bailout funds.
Waters' husband, Sidney Williams, served on the bank board from 2004 to 2008 and at the time of the Sept. 9, 2008, meeting was a stockholder in the bank, according to a report from the Office of Congressional Ethics made public Monday.
Waters' husband was on the bank board until April 21, 2008, according to the report. According to Waters' 2008 financial disclosure report, Williams had two investments in OneUnited that were valued between $500,000 and $1 million.
This follows on the heels of the ethics violations of Rep. Charles Rangel, D-NY. A bipartisan House investigative committee formally charged Rangel, who represents the 15th District in Manhattan, with 13 ethics violations last Thursday.
Looks like Maxine's chickens are coming home to roost.
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