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Title: AP sources: 3 charges filed against Rep. Waters (Bwa-HAHAHA!!!)
Source: AP News
URL Source: http://news.yahoo.com/s/ap/20100802/ap_on_go_co/us_waters_ethics
Published: Aug 2, 2010
Author: LARRY MARGASAK,
Post Date: 2010-08-02 19:12:42 by Capitalist Eric
Keywords: None
Views: 2112
Comments: 4

WASHINGTON – California Democrat Maxine Waters faces a House trial this fall on three charges of ethical wrongdoing.

The charges focus on whether Waters broke the rules in requesting federal help for a bank where her husband owned stock. She denied the charges Monday.

Persons familiar with the case said Waters is accused of violating: a rule that House members may not exert improper influence that results in a personal benefit; also, the government employees ethics code, which prohibits granting or accepting special favors for the employee or family members that could be viewed as influencing official actions; and a rule that member conduct must reflect creditably on the House.

The officials were not authorized to be quoted by name on allegations not yet public.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

WASHINGTON (AP) — A House panel announced Monday that Rep. Maxine Waters has been charged with violating ethics rules, setting the stage for a second election-season trial for a longtime Democratic lawmaker and adding to the party's political woes.

The charges against Waters, a 10-term California congresswoman, focus on whether she broke the rules in requesting federal help for a bank where her husband was a board member and owned stock. She immediately denied the charges.

The House ethics committee's announcement comes just days after it outlined 13 charges against Rep. Charles Rangel, D-N.Y., including failing to disclose assets and income, delayed payment of federal taxes and improper use of a subsidized New York apartment for his campaign office.

Rangel, the former Ways and Means Committee chairman who has served for 40 years, faces a trial in the fall.

Democrats face certain losses in the congressional elections, the first midterms for President Barack Obama, and the high-profile trials could further damage the party's political standing.

Republicans quickly jumped on the latest news. The GOP's House campaign committee released a statement with the headline: "The Dirty Details: Ethics Office Reveals Waters Charges. Panel Has 'Substantial Reason to Believe' Dems Have Another Ethics Problem on Their Hands."

Waters is a senior member of the House Financial Services Committee, which handled the recent rewrite of legislation that regulates financial institutions and has strong protections for consumers.

Rangel stepped aside in March as the chief House tax writer following a negative report on his conduct in a separate ethics case. In addition to taxes, his committee handles trade, portions of health care reform, Medicare and Social Security.

The charges against Waters were filed July 28 by a four-member investigative panel, but not announced until Monday. An eight-member subcommittee of four Democrats and four Republicans will now conduct the Waters trial. The specifics of the allegations won't be made public until the panel — four Democrats and four Republicans — hold its still-unscheduled organizational meeting.

In a statement, Waters said, "I have not violated any House rules. Therefore, I simply will not be forced to admit to something I did not do and instead have chosen to respond to charges made by the House Committee on Standards of Official Conduct in a public hearing."

The ethics committee also released a year-old report by the Office of Congressional Ethics — a separate body of non-lawmakers that conducts a preliminary investigation.

That report said that in September 2008, Waters asked then-Treasury Secretary Henry Paulson to have Treasury officials meet representatives from the National Bankers Association, a trade group representing minority-owned banks.

At a meeting and subsequent follow-up activity through Waters' office, the discussion centered on OneUnited Bank.

Waters' husband Sidney Williams had been a board member of OneUnited from 2004 to 2008 and, at the time of the meeting, was a stockholder. The report said Waters may have violated House rules by permitting compensation to accrue to her interest and by having a conflict of interest.

Waters said in her statement, "The record will clearly show that in advocating on behalf of minority banks, neither my office nor I benefited in any way, engaged in improper action or influenced anyone."

She added that she fully disclosed her assets as required by House rules, "even going above and beyond the requirements by disclosing my assets at several Financial Services Committee hearings. In sum, the case against me has no merit."

She said the accusations stem from her advocacy work for minority communities and businesses.

She said it was the National Bankers Association that requested the meeting with Treasury Department officials. The meeting was held on behalf of the association, not OneBank, she said.

"I followed up on the association's request by asking then-Treasury Secretary Hank Paulson to schedule such a meeting, as did other members of Congress. Secretary Paulson recognized that the NBA's concerns about the future of minority banks were valid and arranged for a meeting.

"No benefit, no improper action, no failure to disclose, no one influenced: no case," said Waters, who chairs the Financial Services subcommittee on housing and community opportunity.

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#1. To: Capitalist Eric (#0)

Being a Democratic shill means you check your humanity at the door.

Nebuchadnezzar  posted on  2010-08-02   19:19:29 ET  (1 image) Reply   Trace   Private Reply  


#2. To: Capitalist Eric (#0)

Democrats face certain losses in the congressional elections, ......

Yeah,there is about as much chance of the Dims losing those seats in Harlem and Watts as there is of me flapping my arms and flying to the moon.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2010-08-02   19:40:07 ET  Reply   Trace   Private Reply  


#3. To: Capitalist Eric (#0)

She'll walk.

"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the syphilitic psychopath

Skip Intro  posted on  2010-08-02   20:07:31 ET  Reply   Trace   Private Reply  


#4. To: Capitalist Eric (#0)

Israel.

I can take down Joe Barton tomorrow with worse.

Apologizing to british petroleum. Treason.

The concerted effort to go after Blacks is telling.

Like I've been telling Lib.

That the Corporate State doesn't think it yet has enough power is telling.

Dragon King. Everything that worked before is stood on it's head.

mcgowanjm  posted on  2010-08-02   21:08:10 ET  Reply   Trace   Private Reply  


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