Why the Case Against Waters is Crumbling

November 30, 2010  |  

(The Grio) — As Congress returns from its Thanksgiving recess it still has a lot on its plate. In the final stretch of this lame-duck 111th Congress, legislators must address George W. Bush-era tax cuts, “Don’t Ask, Don’t Tell”, and ratifying a new arms-control treaty with Russia. With all of the important issues left to resolve, why is the House Ethics Committee dragging its feet regarding the investigation of Congresswoman Maxine Waters (D-CA)?  In August the House Ethics Committee formally charged Rep. Waters with three counts of violating the letter and spirit of House rules and federal regulations for improperly intervening with Treasury officials to bail out OneUnited Bank. A bank in which her husband owned at least $350,000 in stock and on whose board he once served. Her public trial was scheduled to begin when Congress returned from its Thanksgiving recess on November 29th.

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