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California Rep. Waters is under investigation – The Associated Press

October 29, 2009

Waters Bank AidOctober 29, 2009

California Rep. Waters is under investigation

By LARRY MARGASAK (AP) – 58 minutes ago

WASHINGTON — The House ethics committee said Thursday it’s investigating whether California Rep. Maxine Waters used her influence to help a bank in which her husband owned stock — and whether the couple benefited as a result.

Waters is the No. 3 Democrat on the House Financial Services Committee and chairwoman of its subcommittee on housing. She has been an influential voice in the committee’s work to overhaul financial regulations.

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

Her husband, Sidney Williams, holds at least $250,000 in its stock. He previously served on the bank’s board. Waters’ spokesman, Michael Levin, said Williams was no longer on the board when the meeting was arranged.

via The Associated Press: California Rep. Waters is under investigation.

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3 Comments
  1. Tater Salad permalink
    October 30, 2009 9:18 AM

    She’s a crook just like the dynamic duo, Kwame Kilpatrick(convicted felon, ex-mayor of Detroit) and his momma, Carolyn Cheeks Kilpatrick (Congresswoman).

  2. T. Hunter permalink
    October 30, 2009 9:46 AM

    I’ve always been skeptical of those who SCREAM the loudest…T. Hunter

  3. Carterthewriter permalink
    October 30, 2009 10:38 AM

    Good Lord, if you check ’em all out, we’d have to elect an entirely new bunch in Congress.

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