Last Updated:October 23 @ 12:31 pm

No ethics charge for CA Democrat Maxine Waters

By Larry Margasak

WASHINGTON (AP) - California Democratic Rep. Maxine Waters won't be charged with ethics violations following allegations she steered a $12 million federal bailout to a bank where her husband owns stock.

House Ethics Committee members said Friday at a hearing their investigation found no violation by Waters, a senior member of the House Financial Services Committee. She could become the panel's senior Democrat next year, or the chairwoman, if Democrats win control of the House.

However, the ethics panel said Waters' chief of staff, Mikael Moore, did take actions in Congress in an attempt to help the bank and violated House standards of conduct. Moore, who is also Waters' grandson, likely will receive a letter admonishing him for his conduct but will not face more severe punishment, such as a reprimand, by the full House.

Virginia Republican Rep. Bob Goodlatte, acting chairman of the panel specifically for the Waters case, announced the tentative findings at the hearing but noted the committee had not issued a final report.

Goodlatte said the committee was convinced that when Waters asked for a meeting at the Treasury Department to discuss financial help for minority banks, she believed she did so on behalf of all minority banks — not just OneUnited, where her husband owns stock. Goodlatte said the committee agreed with Waters' assertion.

The acting chairman said that when Waters realized OneUnited was in serious trouble, she told then-chairman of the House Financial Services Committee, Rep. Barney Frank, D-Mass., to handle any further matters in the case. Goodlatte said, however, that Moore continued efforts in Congress to get committee help for OneUnited, even sending the committee staff an email saying, "OneUnited is in trouble."

Moore defended his actions, saying he violated no House rules. He insisted his actions were not aimed at helping one bank.

Waters routinely wins her Los Angeles district overwhelmingly. Now serving her 11th term, Waters won her last race with 79 percent of the vote.

Her position as top Democrat on the financial services panel next year also would be important to the Congressional Black Caucus because Waters is a senior member of the group. The caucus has been deeply concerned with how the mortgage foreclosure crisis affects minorities.

Goodlatte said at the hearing the committee agreed with an outside counsel in the case, Billy Martin, that Waters should not be charged "because there is not sufficient evidence in the record to prove violations by a clear and convincing standard, which is necessary before formal sanctions are recommended in the House of Representatives."

But when speaking of Moore, Goodlate said, "It is abundantly clear that Rep. Waters told Mr. Moore that he should not specifically assist OneUnited." Goodlatte said there were "substantial issues of credibility" involving Moore.

The key issue in the case was whether Waters requested the meeting at the Treasury Department to assist an association of troubled minority-owned banks — as she contended — or whether she was trying to get a bailout for OneUnited, the bank where her husband is an investor.

She contended she had nothing to do with the government's eventual decision to give OneUnited a $12 million bailout, and U.S. officials involved in the decision backed her up on that point. Ethics committee members ultimately agreed.

The banks were in trouble because of their investments in mortgage giants Fannie Mae and Freddie Mac, which were taken over by the government.

Waters had been under investigation since 2009, starting with the independent Office of Congressional Ethics. The case later shifted to the Ethics Committee, where it has caused much dissension.

The two committee lawyers who originally worked on the case were suspended by the panel's former Democratic chairman, who accused them of meeting with committee Republicans while excluding Democrats.

In February, all five Republicans on the committee and the panel's ranking Democrat withdrew from the case to avoid any questions about impartiality. In July, the committee named Martin, a Washington attorney, as outside counsel to investigate Waters' conduct.

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No ethics charge for CA Democrat Maxine Waters , 4.6 out of 10 based on 41 ratings





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71 Comments

  1. CarmineComment by Carmine
    September 21, 2012 @ 1:29 pm

    Boy what a sourpuss! Maybe it’s just me, but it seems that all these liberals look like they just go run over by a log hauler.

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    Rating: 4.8/5 (54 votes cast)
    • LAPhilComment by LAPhil
      September 21, 2012 @ 3:57 pm

      I think the last time she smiled was sometime during the Johnson administration.

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      Rating: 4.8/5 (36 votes cast)
    • MichaellabordeComment by Michaellaborde
      September 21, 2012 @ 4:00 pm

      She is always concentraiting on her next evil move.

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      Rating: 4.8/5 (44 votes cast)
    • mrwilsonComment by mrwilson
      September 21, 2012 @ 5:11 pm

      Carmine, you raise an important point and one that is more wide spread than we may know. In recent years Americans, in general, are not laughing as much as they once did. The loss of a sense of humor is a serious indicator on more than just a temporary and fleeting feeling. A lot of research has been done on this very factor over the past 50 years or longer. It is more than a clinical “depression.” You are sharp.

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      Rating: 4.5/5 (17 votes cast)
    • MorganComment by Morgan
      September 21, 2012 @ 5:15 pm

      Simple answser….
      She’s black.

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      Rating: 4.5/5 (30 votes cast)
    • 2chestnutsComment by 2chestnuts
      September 21, 2012 @ 6:32 pm

      Another criminal in the Obama/Frank/Dodds financial debacle.
      We will not make a differance and bring OUR Gov. back to laws and moralities as it was founded, untill Obama is fired and Holder is impeached.

      PERIOD—PERIOD—PERIOD.

      VORE—VOTE—VOTE!

      11-06-2012 IS TERMINATION DATE!

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      Rating: 4.8/5 (38 votes cast)
    • pwpmmpComment by pwpmmp
      September 21, 2012 @ 10:25 pm

      Liberals have no sense of humor. They are too busy trying to be offended.

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      Rating: 4.5/5 (17 votes cast)
    • 123defenderComment by 123defender
      September 22, 2012 @ 11:07 am

      So the five republicans recused themselves and Waters was found innocent by the remaining democrats ;what a surprise.See the you tube video where she declares we are a socialist country.She is a hard core corrupt Marxist but her black constituents could care less as long as she delivers their welfare checks and food stamps ;they gave up one form of slavery for another more sinister form which has broken up their families(father missing)and made them dependent on government.Black Americans went down hill when they left the republicans; the party of Lincoln; for the party of abortion and same sex marriage.

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      Rating: 4.5/5 (17 votes cast)
    • commonsenseneededComment by commonsenseneeded
      September 22, 2012 @ 12:32 pm

      These black politicians seem to be able to do whatever they want, take what they want, and nothing is done about it. But then again, maybe it isn’t just black politicians, but Democrats, Whites and Republicans as well. We need to expect a lot more integrity from our elected officials than we are getting. It’s really disgraceful that so many are Crooks.

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      Rating: 3.6/5 (8 votes cast)
  2. nickster99Comment by nickster99
    September 21, 2012 @ 2:51 pm

    This woman is an avowed communist what is she even doing in this country? oohhhhh that’s right our president is a communist too. I forgot.

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    Rating: 4.8/5 (79 votes cast)
    • sexysadieComment by sexysadie
      September 21, 2012 @ 4:33 pm

      She is also a marxist, dumbocrat and she has the “correct” skin color.

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      Rating: 4.8/5 (40 votes cast)
    • WaltComment by Walt
      September 21, 2012 @ 4:51 pm

      Why are this Liberal getting away with so much, the AG has to be the worst AG in the History of our country. Holder and Waters and Sharpen and so many others should had been impeached.

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      Rating: 4.8/5 (35 votes cast)
    • rsii0210Comment by rsii0210
      September 23, 2012 @ 12:10 pm

      Walt, they are getting away with it because WE allow them to. Everyone sits around saying “How can they get away with this?” When WE are the enablers.

      WE were guaranteed a 2ND Amendment to the Constitution NOT for Hunting but for protection FROM the Government!

      Prepare yourself and your families and friends for the OBAMA Race War….

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      Rating: 4.0/5 (8 votes cast)
  3. cspringsdaveComment by cspringsdave
    September 21, 2012 @ 3:30 pm

    She should be charged with ethics violations for the vile and racist things she has said over the years.

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    Rating: 4.9/5 (65 votes cast)
  4. Nikita63Comment by Nikita63
    September 21, 2012 @ 3:43 pm

    Why is anyone surprised? it is only a paltry $12 million dollars and criminals always cover for criminals when given the opportunity to do so. After all, it’s only YOUR money, right? So, they can do anything they please with it. That’s one of the reasons we are in the debt we are in. The only real law in Washington is- “DON’T GET CAUGHT.”(but, if you do, we’ll cover for you!)

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    Rating: 4.7/5 (30 votes cast)
  5. brendajaneComment by brendajane
    September 21, 2012 @ 3:44 pm

    Did you expect anything else?

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    Rating: 4.8/5 (38 votes cast)
  6. pd1854Comment by pd1854
    September 21, 2012 @ 3:54 pm

    File charges against this wanna be powerful west coast liberal a person would have to be out of his mind to even think that this could be done. That’s why this country is so messed up.We don’t hold people like this accountable.

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    Rating: 4.8/5 (49 votes cast)
  7. LAPhilComment by LAPhil
    September 21, 2012 @ 3:55 pm

    I’d say she should be tarred and feathered and put on a fast train to Mexico, but that would sound racist to some.

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    Rating: 4.8/5 (33 votes cast)
    • sexysadieComment by sexysadie
      September 21, 2012 @ 4:34 pm

      Oh, now why would you want to punish the Mexicans like that??

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      Rating: 4.7/5 (26 votes cast)
    • LAPhilComment by LAPhil
      September 21, 2012 @ 4:43 pm

      Good point, Sadie. I doubt if any other country would want her.

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      Rating: 4.5/5 (18 votes cast)
  8. dw1962Comment by dw1962
    September 21, 2012 @ 3:56 pm

    If she was charged with ethics violations, she will be screaming racism and playing the race card. I remember that time when she said Fox News were racist and Steve Watters confronted her asking why did she accused Fox News of being racist. She kept walking and smiling and never answered his question, proves what a phoney she is.

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    Rating: 4.8/5 (34 votes cast)
    • taliesin319Comment by taliesin319
      September 21, 2012 @ 4:45 pm

      By now Maxine should be aware that she’s preaching to the choir and has been doing so for at least 4 years. Nobody except members of the CBC and brain dead progressives pay the least bit of attention to it. Once its pulled all sensible people know they are likely to be subjected to a diatribe and simple vacate the area. If Maxine wants to moan about her victimhood let her do so among the professional victims she has been instrumental in creating.

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      Rating: 4.6/5 (22 votes cast)
  9. MarvComment by Marv
    September 21, 2012 @ 3:57 pm

    Of course not, she is a Black Democrat

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    Rating: 4.7/5 (26 votes cast)
  10. prj829Comment by prj829
    September 21, 2012 @ 3:57 pm

    This ***** is as crooked as Obama and Pelosi! She is a total waste as a human being!

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    Rating: 4.8/5 (35 votes cast)
  11. MichaellabordeComment by Michaellaborde
    September 21, 2012 @ 3:57 pm

    Makes me wonder what she had on the pannel members. Back scratching and cover. This woman is pure evil.

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    Rating: 4.7/5 (31 votes cast)
  12. tps12Comment by tps12
    September 21, 2012 @ 3:58 pm

    Sounds like the fox guarding the hen house no one ever does anything wrong. Besides how would she know what her grandson/chief of staff, Mikael Moore was doing? Why is it no one ever knows what their staff is doing? Ok if taxpayers pay for this entire staff, then it’s time to fire staff we don’t know what they’re doing.

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    Rating: 4.7/5 (27 votes cast)
  13. librabobComment by librabob
    September 21, 2012 @ 4:07 pm

    Maxine Waters, Nepotism & Fraud- Innocent!
    Charlie Rangel, Tax Evasion- Innocent!
    Black Panthers, Voter Intimidation- Innocent!
    Eric Holder, Fast & Furious- Innocent!
    Barack Obama, Solyndra Scandal- Innocent!

    I am beginning to understand now what social justice is really all about, just a spin-off of affirmative action.

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    Rating: 4.8/5 (42 votes cast)
    • sexysadieComment by sexysadie
      September 21, 2012 @ 4:37 pm

      Let’s not forget Sebellius’ crime against the Hatch Act…INNOCENT

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      Rating: 4.7/5 (24 votes cast)
  14. themarshallComment by themarshall
    September 21, 2012 @ 4:21 pm

    Always blame it on the underling. The boss at the top never knows nuthin. Waters, Capone. Whats the difference? If they really don’t know these things are going on in their fifedoms, then should they be entrusted with trillions of the people’s money? How stupid do they think we are?

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    Rating: 4.5/5 (24 votes cast)
    • BobinmsComment by Bobinms
      September 21, 2012 @ 4:39 pm

      Yes. I guess the boss in not responsible for the actions of the employee. At least in congress anyway and especially if he’s the grandson.

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      Rating: 4.5/5 (17 votes cast)
    • 123defenderComment by 123defender
      September 22, 2012 @ 11:13 am

      VERY and they have reason to believe we are stupid they keep getting reelected

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      Rating: 3.0/5 (4 votes cast)
  15. way2coolComment by way2cool
    September 21, 2012 @ 4:23 pm

    Maxine Waters, is she from Detroit?

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    Rating: 4.3/5 (12 votes cast)
    • LAPhilComment by LAPhil
      September 21, 2012 @ 4:46 pm

      No, unfortunately she’s from L.A.-also my city.

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      Rating: 4.2/5 (10 votes cast)
    • 123defenderComment by 123defender
      September 22, 2012 @ 11:14 am

      No! Calimexico

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      Rating: 3.0/5 (4 votes cast)
  16. oldguy39Comment by oldguy39
    September 21, 2012 @ 4:25 pm

    How would you like to wake up next to that in the morning? Her old man probably buys her a congressional seat every two years, just to keep her away from home.
    With millions of beautiful black women in this country, why do the one’s in congress look like mud fences?

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    Rating: 4.0/5 (8 votes cast)
  17. RightWingLeftyGolferComment by RightWingLeftyGolfer
    September 21, 2012 @ 4:29 pm

    The land of fruits and nuts is alive and well in DC as well as the west coast. No ethics violation – who are you trying to kid? Every one of those selfish 535 in Congress is guilty as sin of more than just ethics violations. Add the present “imposter in chief” and all of his appointed czars, minions, ilks, and @ss lickers/wipers and the numbers would be impossible to count.

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    Rating: 4.6/5 (21 votes cast)
  18. Bruce FeherComment by Bruce Feher
    September 21, 2012 @ 4:32 pm

    The ruling klass operates under differ4ent rules than us little people.

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    Rating: 4.5/5 (16 votes cast)
    • middlegroundComment by middleground
      September 22, 2012 @ 8:37 am

      That was one of the main reasons for the American Revolution if you relate Thomas Paine’s book “Common Sense” published in Feb. 1776 to anger over different rules and laws for the elite as opposed to the masses.

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      Rating: 3.0/5 (4 votes cast)
  19. Jayne NielsenComment by Jayne Nielsen
    September 21, 2012 @ 4:34 pm

    Democrats are NEVER held accountable for their corrupt actions and behaviors so I would’ve been surprised had Maxi-pad Waters been charged with an ethics violation. On the other hand, if this had been a Republican Maxi-pad along with all the other Libtards would’ve been calling for his/her resignation.

    She along w/Reid and Pelosi need another another home other than Washington D.C. Lets send them to an assisted living facility. Better yet let’s send them all to Cuba along with Biden and Obama.

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  20. jberry50Comment by jberry50
    September 21, 2012 @ 4:38 pm

    We need to keep these people out of office; need to have constant vigilance AND VOTE THEM OUT OF OFFICE!

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    Rating: 4.6/5 (18 votes cast)
    • LAPhilComment by LAPhil
      September 21, 2012 @ 5:25 pm

      jberry50:
      I happen to be personally acquainted with Ted Hayes, a black Republican who ran against Waters several years ago. He was very active in the anti-illegal immigration movement. I don’t even think it was a close election. The woman is entrenched in her district, and like so many others, there’s just no getting rid of them.

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      Rating: 4.4/5 (13 votes cast)
    • canada3dayerComment by canada3dayer
      September 22, 2012 @ 6:52 pm

      things like this are why there must be term limits. and the amendment must state that if you have served even just one term, you may not ever run again. that would keep them from simply sitting out a term then starting again. but it’s plain that, since amendments have to originate from the House/Senate in order to appear on a ballot, it’s got a snowball’s chance in hell of ever getting on one.

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      Rating: 3.4/5 (5 votes cast)
  21. Jim QuinnComment by Jim Quinn
    September 21, 2012 @ 4:43 pm

    Hmmmm…. How conveeeeeeeeenient!

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    Rating: 4.1/5 (9 votes cast)
  22. JBQComment by JBQ
    September 21, 2012 @ 4:57 pm

    Congressman Maxine (Moore) Waters was born in 1938 in Kinloch, Missouri, a suburb of St. Louis. She graduated from Vashon High School in the city of St. Louis and moved to California in 1961.

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  23. LAPhilComment by LAPhil
    September 21, 2012 @ 4:58 pm

    Washington is becoming quite a hotbed of Democratic sleaziness. Read about more here: http://michellemalkin.com/2012/09/21/house-ethics-r-i-p-beltway-swamp-queen-maxine-waters-gets-off-scot-free/

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    Rating: 3.9/5 (7 votes cast)
  24. bill1068Comment by bill1068
    September 21, 2012 @ 5:01 pm

    Another joke for the Dems. Unfortunately, many blacks (you noticed I left out African American cause there is no such thing unless they have at least been to Africa) are the recipients of government subsidies. Thus Obama survives and people like this. The black race identifies with others of the same skin color and think they are doing themselves a favor by keeping them in power. In actuality, they are keeping themselves subserviant to people who could not really give a **** about their plight

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    • canada3dayerComment by canada3dayer
      September 22, 2012 @ 6:55 pm

      I can think of one person who could rightly call herself an African-American – Charlize Theron! wouldn’t THAT just torque them off? slowly but surely political correctness has been destroying this country since Jimmy Carter started it…

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  25. mrwilsonComment by mrwilson
    September 21, 2012 @ 5:06 pm

    “The Race Card,” just got flipped America. In our face. How many more small banks received 12 Million and who are they?

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    Rating: 4.4/5 (13 votes cast)

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