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Most watchers on Capitol Hill don’t expect the ethics trials of Reps. Charlie Rangel and Maxine Waters’ to begin until after midterm elections in November, reported The Hill on Monday.
It’s feared that the trials could overly politicize the ethics process, but for both Rangel and Waters, the charges have already been wrought with political controversy.
Both lawmakers have made it a point to publicly fight their battles, hinting that the scales of scrutiny are tipped heavily against black lawmakers.
Over the summer, the House ethics committee released 13 charges against Rangel. They included damning allegations that the longtime Harlem congressman had tried to use his political sway as chairman of the Ways & Means Committee to woo corporate donors in financing his self-named institute at City College of New York.
Waters faces three charges of her own, stemming from her dealings with OneUnited, a bank in which her husband was a former board member and owned over $250,000 in stocks.
It seems that the chairman and CEO of OneUnited, the bank at the center of the ethics investigation against Rep. Maxine Waters (D-CA), has a troubled past himself, reports the Washington Post.
Not only has Kevin L. Cohee reportedly been arrested twice on sexual-assault and drug charges-although he has denied the arrests-the federal government also issued a “cease and desist” order to the bank due to his supposed living allowance that allowed him to live in a mansion.
Cohee’s bank purchased or leased luxury real estate for him-including an $880,000 condominium in Miami and a $26,250-a-month mansion in Santa Monica owned by Bruce Springsteen’s drummer-and reportedly paid for his Porsche.
Cohee promoted the bank as a responsible investor in minority communities, which Waters then helped promote in her district. Waters has described herself as a “professional and social” friend of Cohee.
