Rep. Maxine Waters, D-Calif., has a habit of redoubling her efforts when her ideas fail. That’s especially true given that she now chairs the House Financial Services Committee. One of her top priorities is bullying banks into boosting mortgage lending to marginally qualified borrowers based on race or ethnicity. And her main vehicle for that now is a proposed subcommittee on diversity and inclusion. In a prepared statement on January 30, she declared, “I am proud to say that this will be the first Subcommittee of its kind in Congress.”
One hopes it will be the last. For if she gets her way, the outcome, taken to its logical conclusion, may be a financial meltdown rivaling the one a decade ago.
Rep. Maxine Waters took the helm of the Financial Services Committee this month after easily winning re-election as part of the Democrats’ House takeover. But according to the California Democrat’s post-election filing – which has prompted fresh calls for a full audit – her campaign may have some financial issues of its own to sort out.
The Citizens for Waters report to the Federal Election Commission from Dec. 11 lists $183,022 in debt to her daughter Karen Waters, who is in charge of distributing “slate mailers.”
The mailers have faced scrutiny since 2010 because the campaign, beginning in 2004, has paid Waters’ daughter or her public relations firm Progressive Connections to produce, print and mail the sample ballots. Watchdog groups have raised questions about the propriety of campaign funds financially supporting a family member, as well as Waters raising contributions in excess of federal limits through an unusual process. Since … Read More ➡ “NLPC Raises New Questions About Maxine Waters Campaign Finances”
This article by Joe Schoffstall appears on the The Free Beacon website:
The daughter of Rep. Maxine Waters (D., Calif.) will collect more than $200,000 from her mother’s campaign after its debts are paid off for leading a lucrative slate mailer operation, Federal Election Commission filings show.
Karen Waters has pulled in hefty payments from the campaign to run a slate mailer operation after the FEC issued an advisory opinion in October 2004 allowing Waters to run the operation from the Citizens for Waters, her mother’s campaign committee. Prior to 2006, Karen ran the arrangement through LA Vote, a state committee in California.
National Legal and Policy Center (NLPC) has filed a Complaint with the Federal Election Commission alleging that Rep. Maxine Waters (D-CA) violated federal election law in a transaction related to her so-called slate mailer earlier this year.
Former Los Angeles Mayor Antonio Villaraigosa, who was running for Governor in the Democratic primary, was included on the mailer for a fee of $25,000. His campaign did not pay. Instead, a group called “Families and Teachers for Antonio” did. (Villaraigosa lost the primary to California Lt. Governor Gavin Newsom.)
Whereas candidates like Villaraigosa may legally pay Waters’ campaign for the proportional costs of their inclusion on her slate mailer, it is not legal for such payment to be made by a third party like “Families and Teachers for Antonio.”
Today, NLPC filed a Complaint with the Federal Election Commission alleging that Rep. Maxine Waters (D-CA) violated federal election law in a transaction related to her so-called slate mailer during her last re-election campaign.
The transaction was a payment to Waters’ campaign fund from the Democratic State Central Committee of California (DSCCC) in the amount of $35,000 for the inclusion of then-Senate candidate, and now Senator Kamala Harris, on Waters’ slate mailer. Whereas candidates like Harris may legally pay Waters’ campaign for the proportional costs of their inclusion on her slate mailer, it is not legal for such payment to be made by a third party like the DSCCC.
“Congress,” observed H.L. Mencken, “consists of one-third, more or less, scoundrels; two-thirds, more or less, idiots; and three-thirds, more or less, poltroons.” Rep. Maxine Waters, D-Calif., qualifies as all three. At a weekend rally, Waters exhorted her audience to “get out and…create a crowd” if they see a Trump official in public venue. “If you see anybody from that cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them,” she declared. “Tell them they’re not welcome anymore, anywhere.” Her fatwa, which followed the publicized ejection of White House Press Secretary Sarah Huckabee Sanders from a Virginia restaurant, amounts to a call for criminal harassment. What’s especially scary is that she’ll have takers.