Maxine Waters

Waters Stages A Defense, Weeks Before Ethics Trial

Evan McMorris-Santoro and Rachel Slajda | August 13, 2010, 1:38PM

Rep. Maxine Waters (D-CA)

Rep. Maxine Waters (D-CA) held a long press conference in D.C. today, giving what amounted to a lengthy defense several weeks before the House ethics committee will be able to try her on three alleged violations.

Waters -- accused of improperly helping a bank, OneUnited, that her husband held stock in -- has maintained that she broke no House rules.

At today's press conference, Waters again explained her version of events: she set up a meeting between the National Bankers Association, a minority- and women-owned bank group, and Treasury officials in order to help minority-owned banks.

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Maxine Waters

CEO Of The Bank Waters Helped Has A Messy Past

Rachel Slajda | August 12, 2010, 10:39AM

Rep. Maxine Waters (D-CA)

The Washington Post has an interesting look today at Kevin L. Cohee, the CEO of OneUnited, the bank at the center of ethics allegations against Rep. Maxine Waters (D-CA).

Waters is charged with acting improperly by helping the bank, in the midst of the financial crisis, while her husband held hundreds of thousands of dollars in stock in the bank. She denies doing anything wrong.

According to the Post, Waters had helped Cohee in the past, intervening in 2002 with the governor so Cohee could buy the bank that became OneUnited.

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Maxine Waters

More Details Emerge In Waters Ethics Investigation

Megan Carpentier | August 9, 2010, 2:34PM

Rep. Maxine Waters (D-CA)

At the heart of the ethics investigation into Rep. Maxine Waters (D-CA) -- which today yielded a Statement of Alleged Violation against Waters -- is her connection to the California-based bank OneUnited and its receipt of TARP funding in 2008. A new investigation by students at American University details the timing of those transactions, and calls into question some of the assumptions at the heart of the investigation.

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Maxine Waters

Ethics Probe In Bailout Case Begins: What Is Maxine Waters Accused Of?

Justin Elliott | October 30, 2009, 4:44PM

Rep. Maxine Waters (D-CA)

Yesterday, the House ethics committee announced it is forming a special subcommittee to investigate Rep. Maxine Waters (D-CA) in a case involving the bailout and a bank in which her husband had a stake.

This is separate from the leaked ethics document, and the committee is taking it more seriously than many of the already-dismissed cases outlined in that document. So what is Waters, a ten-term representative and the second ranking Dem on the House Financial Services Committee, accused of?

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