Waters wants ethics investigation results

Aug. 6, 2010 at 11:44 AM
share with facebook
share with twitter
| License Photo

LOS ANGELES, Aug. 6 (UPI) -- Rep. Maxine Waters, D-Calif., says she did not violate any ethics rules despite accusations against her.

The Office of Congressional Ethics said Waters might have violated ethics rules for arranging a meeting between Treasury Department officials and a bank where her husband was a stockholder, the Los Angeles Times reported Friday.

Waters appeared on a radio program Thursday and said she did not violate any ethics rules. She said cannot discuss charges against her because of a confidentiality agreement.

The ethics panel said there is "substantial reason" to believe the 10-term congresswoman violated ethics rules, but it has not detailed its findings.

Just three months after the Treasury meeting, the bank OneUnited, received $12 million in bailout funds.

"It was not to ask for money," Waters said of the meeting. Her husband, Sidney Williams, served on the bank's board from 2004 to 2008 and at the time of the meeting was a stockholder in the bank with assets valued as much as $1 million.

Results of the ethics investigation are supposed to be released in September, after Congress returns from its summer vacation, but Waters wants the information now, before the fall elections, the newspaper said.

Related UPI Stories
Trending Stories