The House Ethics Committee officially exonerated Rep. Maxine Waters, California Democrat, in a 3-year-old conflict-of-interest case involving her work on behalf of minority-owned banks despite her husband's financial stake in one of them.
California Democratic congresswoman Maxine Waters will not be charged with ethics violations.
The House Ethics committee has cleared Rep. Maxine Waters, a Democrat from California, of any wrongdoing in a 3-year-old, conflict-of-interest case involving her work on behalf of minority-owned banks during the height of the economic crisis even though her husband had a financial stake in one of them.
Information that forced postponement of Rep. Maxine Waters' ethics trial raises new questions about an investigative panel's charges that the California Democrat improperly tried to steer federal bailout money to a minority-owned bank where her husband is a stockholder and former director.
