Peter Welch

Two House Ethics Committee Members Tainted by Rangel Cash

Ben ChandlerThe eight members of the House Ethics Committee sit in judgment on Rep. Charles Rangel (D-NY), but it is hard to see how at least two of them can be impartial when they have received campaign funds from Rangel’s National Leadership PAC.

According to Federal Election Commission records, Rep. Ben Chandler (D-KY), in photo, received two contributions of $5,000 each during the 2004 election cycle, on 12/15/03 and 1/20/04.  Rep. G. K. Butterfield (D-NC) received contributions of $1,000 and $2,000 during the 2004 cycle, on 6/29/04 and  7/13/04 respectively.

CNBC: Flaherty Rips Congressional Calls to End BP Dividend

Today I discussed the increasing pressure on BP to suspend its dividend with Matt Miller of Wealth-X, along with CNBC co-hosts Amada Drury and Larry Kudlow. Rep. Peter Welch (D-VT) has organized a letter signed by 50 members of Congress demanding such a suspension. Here's a transcript:

Rangel Scandal Timeline

With the spotlight this week on House Ways and Means Chairman Charles Rangel (D-NY), we have prepared this timeline of his current problems. Rangel has been involved in so much controversy that it is difficult to keep it all straight. I hope this helps.

July 11, 2008- New York Times’ David Kocieniewski reports that Rangel occupies three rent-stabilized apartments in a luxury building, and uses a fourth as a campaign office.

July 14, 2008- NLPC files Complaint with the Federal Election commission alleging use of a rent-stabilized apartment for a campaign office comprises an illegal corporate contribution from the landlord. Rangel announces he will close the office.

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