Politics

Facing ethics charges, Rep. Waters points finger at Bush administration

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Embattled Rep. Maxine Waters on Friday blamed the Bush administration for her ethics problems — saying she had to intervene with the Treasury Department on behalf of minority-owned banks seeking federal bailout funds — including one tied to her husband — because the Treasury Department wouldn’t schedule its own appointments.

The California Democrat said in a Capitol Hill news conference — an event rarely held during a congressional recess — that she reached out to then-Treasury Secretary Hank Paulson in late 2008 when his department failed to respond to the National Bank Association’s request for a meeting.

“The question at this point should not be why I called Secretary Paulson, but why I had to,” she said. “The question at this point should be why a trade association representing over 100 minority banks could not get a meeting at the height of the crisis.”

Full story: FOXNews.com – Facing Ethics Charges, Rep. Waters Points Finger at Bush Administration