The House Ethics Committee voted unanimously today to investigate complaints against two Southern California congresswomen, Maxine Waters and Laura Richardson.
In a prepared statement, the committee said it was looking into whether Richardson had failed to list real estate, liabilites and income on her financial disclosure forms.
A four-member committee will investigate Waters' activities surrounding the National Bankers Assn. and OneUnited Bank, a company in which her husband owned stock and served on its board.
Massachusetts-based OneUnited Bank received $12 million in bailout funds three months after Waters, a Los Angeles Democrat and a senior member of the congressional committee that oversees banking, helped arrange a meeting between bank and other minority-owned financial institutions and Treasury Department representatives.Waters’ husband, Sidney Williams, served on the bank board until early last year and held investments in the bank worth at least $350,000, according to the congresswoman’s financial disclosure report.
—Jeff Gottlieb
Photos: Reps. Maxine Waters (D-Los Angeles), left, and Laura Richardson (D-Long Beach).
Credit: Associated Press, left; Congress



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