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Tag Archive: Rep. Maxine Waters

Maxine Waters exploits FEC rules to raise big bucks from California politicians

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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 ...

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Another hole in financial disclosure

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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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