The House Ethics Committees says it will take up its charges against Rep. Maxine Waters (D-CA) following its trial of Rep. Charles Rangel (D-NY). But what exactly will it consider?
Last August, the congresswoman was charged with violating House ethics rules, for allegedly helping to steer over $12 million in federal bailout funds to a bank in which her husband had a substantial financial stake. Investigators say that Rep. Waters violated conflict-of-interest rules when she set up a meeting between OneUnited Bank officials and the U.S. Treasury Department.
In the interim, the Washington Timesreported that Waters co-sponsored legislation that directly benefited one of the top clients of a lobbying group that had her husband on the payroll.