California Democrat Maxine Waters charged with House ethics violations

Washington (CNN) — A House ethics investigative panel has charged a high-ranking Democratic congresswoman with violating House rules by seeking federal assistance for a bank with financial ties to her husband.

According to the House ethics committee, California Rep. Maxine Waters helped arrange a meeting in September 2008 between Massachusetts-based OneUnited Bank and Treasury Department officials.

OneUnited Bank ultimately received $12 million in bailout funds. Waters is a senior member of the House Financial Services Committee.

Waters, according to a preliminary report, called then-Treasury Secretary Henry Paulson during the height of the financial crisis “and requested that Treasury Department officials meet with representatives from the National Bankers Association,” an organization representing over 100 minority-owned banks.

“A meeting was in fact granted, however, the discussion at the meeting focused on a single bank — OneUnited. Rep. Waters’ husband had been a board member of the bank from 2004 to 2008 and, at the time of the meeting, was a stock holder of the bank.”

The report states that Waters approached Financial Services Committee Chairman Barney Frank, D-Massachusetts, to say that she was “in a predicament because her husband had been involved in the bank, but ‘OneUnited people’ were coming to her for help.”

Full story: California Democrat charged with House ethics violations – CNN.com

  • ladylove

    if what this woman did was wrong, then that is the bottom line, period.

  • ladylove

    headline on Yahoo news today

    the democrats claim the swamp is drained.

    yah right

  • CK4RP

    This behavior has become commonplace in the beltway cesspool because the American people tolerate it. The problem is not the politicians, it is the citizens who don’t perform their civic duty by being informed, by voting (one way to impose term limits without a law) and by holding elected representatives (they call themselves “leaders”) accountable. While it is preferable for politicians to have good moral character, it is painfully obvious that most do not. Behavior that would land the average citizen in prison is barely noticed in Washington or in our statehouses. And yet dumbericans expect to be faithfully represented by such scum??? Puhlease… Really???
    Personal responsibility has not gone out of fashion contrary to the apparent widespread acceptance of alleycat morals. It is NOT OKAY to do these things. When will outraged Americans stand with one voice and say that “ENOUGH IS ENOUGH?” Prison sentences for individual criminals may provide a deterrent for those who’ve not yet been “fingered”. Nothing else has made an impression strong enough to get these congress critters in line with the law.

    • sjangers

      Sad but true. Politicians don’t usually make it easy for us to know what’s really going on, but all too often we are willing participants in the deception.

      It doesn’t take too much effort to figure out when representative are concealing the truth from us on critical issues and failing to do their jobs. We owe it to ourselves to call these elected issues to account instead of sending them back to Washington because ‘we’re really not sure’, ‘they all do it’, or we like the way they look and how they vote on some issues.

      People do get the quality of representation that they deserve. If you work harder at identifying honest, sincere representatives and help to get them elected, that’s the kind of representation you will get and the kind you’ll deserve.

  • barryaz

    Maxine Waters, Nancy Pelosi, and these other career politicians are the poster children for TERM LIMITS. Why would anyone want Waters as their representative in Washington. Those persons she does represent don’t even come close to the income that she has from all of her “dealings”. Funny how she teamed up with Barney Frank, another poster child for TERM LIMITS, to get her dirty work done. God help all of us if these people get re-elected.