Dirty Waters

California Congresswoman Maxine Water is going to be charged with violations by the House Ethics Committee.

Both Waters and Rangel are prominent members of the Congressional Black Caucus. Dual ethics trials would be a major political liability for Democrats, forcing them to defend their party’s ethical conduct while trying to hold on to their House majority.

While Rangel is a former chairman of the tax-writing Ways and Means Committee, Waters is a prominent member of the Financial Services Committee.

Waters came under scrutiny after former Treasury Department officials said she helped arrange a meeting between regulators and executives at Boston-based OneUnited Bank without mentioning her husband’s financial ties to the institution.

Her husband, Sidney Williams, held at least $250,000 in the bank’s stock and previously had served on its board. Waters’ spokesman has said Williams was no longer on the board when the meeting was arranged.

Waters has said the National Bankers Association, a trade group, requested the meeting. She defended her role in assisting minority-owned banks in the midst of the nation’s financial meltdown and dismissed suggestions she used her influence to steer government aid to the bank.

Besides being a ginormous asshole. Maxine Waters is crooked as a dog’s hind leg. Continued kudos to the House Ethics Committee and the Democrats on that panel. Rangel and Waters are two very powerful and igh profile folks. The Dems must be soiling themselves for the Fall. Also a nice very late Friday dump.

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