Congresswoman Maxine Waters will serve in the top Democratic position in the House Financial Services Committee, despite uncertain ethics, a past Office of Government Ethics (OGE) investigation, and a history of questionable fundraising.
Continue readingMaxine Waters exploits FEC rules to raise big bucks from California politicians
Longtime Democratic lawmaker Maxine Waters has perfected an unusual tactic for fundraising over the years – getting candidates, including some of California’s most prominent political figures, running for state and local offices, to pay as much as $45,000 for her endorsement on election mailers. In this election cycle alone, Waters has raised 59 percent of her campaign’s treasury through these “slate mailers.”
The Los Angeles-area representative, who faces ethics charges in the House for intervening on behalf of a bank in which her husband had invested heavily, has found a way to take large sums of money from ...
Another hole in financial disclosure
The New York Times report that Rep. Maxine Waters helped arrange a meeting between Treasury officials and the CEO of a bank that her husband may or may not have owned $250,000 worth of stock in:
Top banking regulators were taken aback late last year when a California congresswoman helped set up a meeting in which the chief executive of a bank with financial ties to her family asked them for up to $50 million in special bailout funds, Treasury officials said.Representative Maxine Waters, Democrat of California, requested the September meeting on behalf of executives at OneUnited, one ...
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