A House ethics panel has determined there is no evidence that Rep. Maxine Waters (D-Calif.) violated congressional rules when she called Treasury Secretary Henry Paulson in 2008 on behalf of minority-owned banks, despite her husband’s financial stake in one troubled institution.
The finding concludes an investigation into Waters’s actions that was disrupted by allegations of misconduct within a previous committee probing her conduct. A new panel created to review Waters’s actions ultimately took the highly unusual step of hiring an outside lawyer to conduct the inquiry.
At a rare public hearing Friday, members of the committee indicated they were prepared to accept the findings of the outside lawyer. The attorney, Billy Martin, found that Waters believed she was intervening on behalf of all minority-owned banks—and not directly on behalf of OneUnited Bank of Boston, in which her husband held stock.
Read more at the Washington Post