The Los Angeles Times reports that five Republicans – including Ethics Committee Chairwoman Jo Bonner – and one Democrat announced their recusals in a letter that was read on the House floor.
‘These recusal requests are not based on any indication of any wrongdoing or inappropriate partisanship by members,’ the letter said. The representatives added that their actions were taken ‘out of an abundance of caution and to avoid even an appearance of unfairness.’
In August 2010, the House Ethics Committee released an 80-page investigative report that found ‘substantial reason’ that Waters violated House ethics rules in her intervention with the Department of the Treasury during the September 2008 financial crisis on behalf of Boston-based OneUnited Bank. The committee was set to bring the matter to trial on Nov. 29, 2010, but that was indefinitely postponed 10 days before the trial was to start after new documents relating to the case had surfaced.
Waters is a member of the House Financial Services Committee and is in line to succeed retiring Rep. Barney Frank, D-Mass., as the top-ranking Democrat on that committee. She has repeatedly denied any wrongdoing in her relation with OneUnited Bank.