House Panel Clears Rep. Waters Over Husband's Bank Ties

Law360, New York (September 21, 2012, 1:52 PM EDT) -- A U.S. House of Representative ethics panel on Friday cleared Rep. Maxine Waters, D-Calif., of any wrongdoing in connection with her work on behalf of minority banks and her husband’s former position as a board member and shareholder of one of those banks.

At a rare public hearing Friday, the committee found that while Waters had not engaged in any wrongdoing, her chief of staff and grandson, Mikael Moore, violated House rules based on charges that he continued to work on behalf of OneUnited Bank after...
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