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Waters denounces delay in ethics trial

U.S. President Barack Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act at the Ronald Reagan Building July 21, 2010 in Washington, DC. The bill is the strongest financial reform legislation since the Great Depression and also creates a consumer protection bureau that oversees banks on mortgage lending and credit card practices. Also pictured (L-R) are Vice President Joe Biden, Speaker of the House Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), Rep. Maxine Waters (D-CA), Sen. Chris Dodd (D-CT) and Rep. Barney Frank (D-MA). UPI/Win McNamee/Pool
U.S. President Barack Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act at the Ronald Reagan Building July 21, 2010 in Washington, DC. The bill is the strongest financial reform legislation since the Great Depression and also creates a consumer protection bureau that oversees banks on mortgage lending and credit card practices. Also pictured (L-R) are Vice President Joe Biden, Speaker of the House Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), Rep. Maxine Waters (D-CA), Sen. Chris Dodd (D-CT) and Rep. Barney Frank (D-MA). UPI/Win McNamee/Pool | License Photo

WASHINGTON, Nov. 29 (UPI) -- Rep. Maxine Waters denounced the delay in her trial on House ethics charges Monday and said she wants "this issue resolved immediately."

"I have been denied basic due process,'' said Waters, D-Calif., standing in front of the empty Capitol Hill hearing room where the charges against her were to have been heard Monday.

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Earlier this month, the trial was put off indefinitely when committee members said they had new evidence that required more investigation.

Waters told the Los Angeles Times the delay, after nearly a year and a half of investigation, "demonstrates in no uncertain terms the weakness of their case against me'' and the Ethics Committee's "lack of decency.''

"I want this issue resolved immediately,'' she said.

Waters is accused of stepping in improperly for OneUnited bank, where her husband served on the board and owned stock. Three months after she called then-Treasury Secretary Henry Paulson to set up a September 2008 meeting with minority-owned banks, OneUnited got $12 million in bailout funds.

Waters, 72, has said her actions were part of her work in helping minority businesses. She repeated Monday that she had received no financial benefit.

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