Rep. Maxine Waters Under Scrutiny Over Bank Ties

By Editor published on Friday, March 13, 2009 and is filed under Money. You can follow responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

California Rep. Maxine Waters, a member of the House financial services committee and the Congressional Black Caucus, has come under fire this week for allegedly using her influence to help OneUnited Bank, an institution in which she and her husband have held a financial interest, receive bailout funds. Until early last year, the congresswoman’s husband, Stanley Williams, served on the bank’s board and still owns stock in it.

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