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Click here to visit the new home of Politics Daily!(Aug. 9) -- On Monday, the House ethics committee detailed its allegations of misconduct by California Rep. Maxine Waters in a 10-page "statement of alleged violation." While the general substance of the report was already laid forth to the public a week ago -- namely, that Waters had helped procure just over $12 million in TARP loans for a bank at which her husband owned significant stock holdings -- the specifics added color to what should prove a contentious inquiry. Ms. Waters staunchly maintains that she has not broken House ethics rules and says she will clear her own name as well as ...
No lawmakers have been punished under sweeping ethics rules passed by Congress three years ago, USA Today reported. The rules were approved in early 2007, shortly after former lobbyist Jack Abramoff pleaded guilty to giving gifts to elected officials in exchange for political favors. Lawmakers were barred from receiving meals or gifts from lobbyists and their clients. At the time, incoming Speaker of the House Nancy Pelosi promised to "drain the swamp." The most serious rebuke since the rules went into effect was a letter of "qualified admonition" to Democratic Illinois Sen. Roland ...
The Obama administration's efforts to limit lobbyists' influence in Washington could force thousands of them from federal advisory panels, The Washington Post is reporting. A new policy, announced quietly in the fall and now being phased in, prohibits lobbyists from holding seats on committees that advise federal agencies on trade rules, environmental regulations, consumer protections, and many of other government policies. Recent estimates put the total number of such committees at nearly 1,000, with membership of more than 60,000. Approximately 13,000 of the members are lobbyists. "That is ...
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