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Bank at center of Rep. Waters inquiry has checkered past

OneUnited Bank has been criticized as having a poor record of lending to people in some low-income areas. It also paid for a luxurious lifestyle for its chairman despite posting huge losses.

OneUnited Bank, the financial institution at the center of a congressional ethics investigation involving Rep.


Stage set for Maxine Waters' ethics trial

Stage set for Maxine Waters' ethics trial

A House panel finds 'substantial reason' to believe that the Democrat may have broken rules in her dealings with OneUnited Bank. She vows to fight the charges. A congressional panel set the stage Monday for an ethics trial for Rep. Maxine Waters, one of Los Angeles' most enduring liberal politicians, over her actions involving a bank with ties to her husband that received federal bailout funds.


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