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2 SoCal Congresswomen To Be Investigated by Ethics Panel

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Maxine Waters and Laura Richardson are the focus of separate investigations by the Committee on Standards of Official Conduct , reports KPCC. Waters stands accused of arranging a meeting between Treasury officials and an association representing minority banks, one of which she owned stock in. Richardson may have "improperly profited" when she lost her Sacramento home to foreclosure, sold it to a third party and later reacquired it.

This is "the first time that any referrals from the independent Office of Congressional Ethics had led to a full-blown investigation by the ethics committee," notes Politico.