maxine waters husband scandal
Maxine Moore Waters (née Carr; born August 15, 1938) is the U.S. Representative for California’s 43rd congressional district, and previously the 35th and 29th districts, serving since 1991. Waters resides in the Hancock Park area of Los Angeles, which is approximately six miles west of downtown. Her second husband, Sid Williams, played professional football in the NFL and is a former U.S. Ambassador to the Bahamas under the Clinton Administration. In 1990, Waters, along with 15 other African American women and men, formed the African-American Women for Reproductive Freedom.
Allegations of corruption
According to Chuck Neubauer and Ted Rohrlich writing in The Los Angeles Times in 2004, Maxine Waters’ relatives had made more than $1 million during the preceding eight years by doing business with companies, candidates and causes that Waters had helped. They claimed she and her husband helped a company get government bond business, and her daughter Karen Waters and son Edward Waters have profited from her connections. Waters replied that “They do their business and I do mine.” Citizens for Responsibility and Ethics in Washington (CREW) named Waters to its list of corrupt members of Congress in its 2005, 2006, 2009 and 2011 reports. She was accused of using her position to prevail upon officials to meet with OneUnited Bank without disclosing that she and her husband had significant stock holdings in the company. Since she was on the Financial Services Committee she largely had the role of determining where TARP funds would go. 12 Million in TARP funds went to OneUnited without her ever disclosing that she had a financial stake at the company. Citizens Against Government Waste named her the June 2009 Porker of the Month due to her intention to obtain an earmark for the Maxine Waters Employment Preparation Center.
In 2010, Waters came under investigation for ethics violations and was accused by a House panel of at least one ethics violation related to her efforts to help OneUnited Bank receive federal aid. Waters’ husband is a stockholder and former director of OneUnited Bank and the bank’s executives were major contributors to her campaigns. In September 2008, Waters arranged meetings between U.S. Treasury Department officials and OneUnited Bank, so that the bank could plead for federal cash. It had been heavily invested in Freddie Mac and Fannie Mae, and its capital was “all but wiped out” after the U.S. government took them over. The bank received $12 million in Troubled Asset Relief Program (TARP) money. The matter was investigated by the House Ethics Committee, which charged her with violations of the House’s ethics rules in 2010. On September 21, 2012, The House Ethics Committee completed a report clearing Waters of all ethics charges after nearly three years of investigation.
Waters was under investigation for nearly three years over whether she used her position on the House Financial Services Committee to get officials to meet with OneUnited Bank and also help deliver $12 million in funds from the Troubled Asset Relief Program to the bank. Her husband had been a director at the bank and held hundreds of thousands of dollars of stock in the company, and several of the bank’s executives had cut campaign checks to her. In 2012, the House Ethics Committee cleared Waters of any wrongdoing after a hugely controversial probe.