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Maxine Waters maintains innocence as House outlines ethics violations

The House ethics committee released formal charges Monday against Rep. Maxine Waters, a California Democrat, that claim she improperly helped a bank in which her husband owned stock receive federal funds.

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In this Oct. 28, 2009 file photo, Rep. Maxine Waters (D-Calif.) is seen on Capitol Hill in Washington.

Charles Dharapak/AP/File

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The House ethics committee released its formal charges against Rep. Maxine Waters (D) of California Monday, opening the door to a trial before the panel this fall.

Representative Waters and Mikael Moore, her grandson and chief of staff, are accused of improperly intervening in dealings between OneUnited, a minority-owned bank in which Waters's husband owned stock, and the federal government.

The charges laid out in the 10-page "statement of alleged violation" say that by allowing Mr. Moore to help OneUnited obtain a meeting with the Treasury department that led to $12 million in bailout funds, Waters violated House rules that say members:

IN PICTURES: Ethically challenged Congressmen

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