Wednesday, March 22, 2017
REP. MAXINE WATERS (D-CA) NAMED ONE OF THE MOST CORRUPT MEMBERS OF CONGRESS
Judicial Watch Announces List of Washington’s “Ten Most Wanted Corrupt Politicians” for 2011
According to The Associated Press, the charges currently under the House Ethics Committee microscope “focus on whether Waters broke the rules in requesting federal help [bailout money] for a bank where her husband owned stock and had served on the board of directors.” At the time she requested the help, Waters neglected to tell Treasury officials about her financial ties to OneUnited Bank.
The Troubling Bailout of OneUnited Bank
Maxine Water's husband held stock in a bank for which she lobbied for (and the bank received) $12,000,000 in bailout funds.
As of April 2016, OneUnited Bank had NOT paid back the $12,000,000 TARP bailout money.