Congresswoman Maxine Waters
Congresswoman Maxine Waters has asked a House ethics committee to schedule a trial before the November election on allegations she used her position on a House financial committee for personal profit.
Waters is accused of using her influence to get Treasury officials to meet with executives of a bank where her husband owned $250,000 in stock. The Los Angeles Democrat says she intervened during the financial crisis on behalf of a trade association of more than 100 minority-owned banks.
In a letter to the Committee on Standards of Official Conduct, Waters asked for a speedy trial — saying that a delay harms her ability to defend her integrity, and denies her constituents “the opportunity to evaluate this case.”
The Congresswoman also waived her right to keep documents and reports related to the investigation secret. Waters said she wants the public to be fully informed.
The House Committee on Standards of Official Conduct already has another ethics hearing on its docket: that of New York Democrat Charles Rangel.