Maxine Waters laughs as 2 banks begin releasing Trump financial records lol

[reagansghost]

Wells Fargo, TD Bank turn over Trump financial records to House Dems

Source: FOX News (!)


Wells Fargo and TD Bank have turned over President Trump’s financial records to the House Financial Services Committee, Fox News confirmed on Thursday, amid a contentious legal battle between the Trump administration and congressional Democrats seeking access to sensitive files.

The committee, led by Chairwoman Maxine Waters, D-Calif., is one of several panels that have issued subpoenas and requests for Trump’s financial files.

NBC News first reported that Wells Fargo turned over a few thousand documents to the committee, and TD Bank provided a handful.

The banks are two of the nine financial institutions with which congressional Democrats are seeking cooperation. The push has led to an escalating legal battle on multiple fronts.


https://www.msn.com/en-us/news/polit...7IW?li=BBnb7Kz

[Stretch]

Rep. Maxine Waters’ family continues to profit directly from her position in Congress
by Becket Adams
| November 13, 2018 05:14 PM

In 2005, Rep. Maxine Waters, D-Calif., was added to a liberal watchdog’s running list of the most corrupt members of Congress. Waters was added again in 2006 to the Citizens for Responsibility and Ethics in Washington’s annual report on D.C. corruption. They added her again in 2009 and one more time in 2011.

The group may want to consider saving a spot for Waters for its upcoming report for 2018.

The congresswoman’s daughter, Karen Waters, is set to collect more than $200,000 for heading a slate mailer operation for her mother’s 2018 re-election campaign, the Washington Free Beacon reported, citing new Federal Election Commission data:

Karen Waters has pulled in hefty payments from the campaign to run a slate mailer
operation after the FEC issued an advisory opinion in October 2004 allowing Waters
to run the operation from the Citizens for Waters, her mother's campaign committee.
Prior to 2006, Karen ran the arrangement through LA Vote, a state committee in California.

Karen is in charge of slate mailers, or endorsement mailers, in which candidates pay
Rep. Waters's campaign to appear on mailers that are sent to more than 200,000 residents
in the South Central Los Angeles area, where Waters holds a good amount of clout.
The mailers contain a sample ballot and quotes of support from Waters.

From 2006 through the end of the 2016 election cycle, Karen Waters’ firm, Progressive Connections, has collected more than $600,000 in campaign funds from her mom’s campaign committee, the Free Beacon also reported.

The congresswoman’s daughter also received an additional $108,862 in payments from the committee during the 2018 midterm election cycle, according to the FEC.

“The committee additionally reported that it still owes $94,000 to Karen,” the Free Beacon noted. “Once the debt is paid off, Karen will have received more than $200,000 in payments from the committee as marked at the end of the midterm cycle. The campaign was paid more than $200,000 from the likes of Democratic candidates and judges in California during the most recent campaign cycle.”

Though it all appears to to be legal, that doesn’t mean it's ethical. This story feels like an extension of the corrupt-but-not-quite-illegal familial kickbacks for which the Waters family has become well-known.

In 2010, for example, Waters was charged with violations of the House's ethics rules after it was reported that she had used her connections in 2008 to ensure a $12 million federal bailout of OneUnited Bank, which had contributed heavily to her campaign and where her husband owned stock. She was cleared of the charges in 2012. Her grandson was the one who took the fall. And by "took the fall," I mean he received a reprimand.

Earlier, in 2004, the Los Angeles Times reported separately that Waters' relatives pocketed more than $1 million over the course of eight years from businesses and political campaigns that were in some way connected to the congresswoman. The reporting showed that her children profited directly from her connections, including that they collected hefty fees from campaigns she had endorsed. The California lawmaker defended herself at the time by saying, "They do their business and I do mine."

That’s the problem, though. There doesn’t seem to be any clear delineation between Waters’ “business” and the rest of her family’s “business.” Everyone in that family is making bank on mom’s safe seat in Congress.

https://www.washingtonexaminer.com/o...on-in-congress

[Bobb]

Are there any prominent black women in this country who aren't a burden to society? Waters is racist trash whose only congressional function is to oppose anything good. Yeah, she pays, from campaign money, or daughter $200,000/year for not even as much as licking stamps. Yeah, she laughed when the banks turned over Trump's personal banking information.

[Mason Melchizedek]

Are there any prominent black women in this country who aren't a burden to society? Waters is racist trash whose only congressional function is to oppose anything good. Yeah, she pays, from campaign money, or daughter $200,000/year for not even as much as licking stamps. Yeah, she laughed when the banks turned over Trump's personal banking information.

You really are racist white trash.

[Mason Melchizedek]

Are there any prominent black women in this country who aren't a burden to society? Waters is racist trash whose only congressional function is to oppose anything good. Yeah, she pays, from campaign money, or daughter $200,000/year for not even as much as licking stamps. Yeah, she laughed when the banks turned over Trump's personal banking information.

You really are racist white trash.

[Stretch]

Congresswoman, Tied to Bank, Helped Seek Funds

By ERIC LIPTON and JIM RUTENBERG
MARCH 12, 2009

WASHINGTON — Top federal regulators say they were taken aback when they learned that a California congresswoman who helped set up a meeting with bankers last year had family financial ties to a bank whose chief executive asked them for up to $50 million in special bailout funds.

Representative Maxine Waters, Democrat of California, requested the September meeting on behalf of executives at OneUnited, one of the nation’s largest black-owned banks. Ms. Waters’s husband, Sidney Williams, had served on the bank’s board until early last year and has owned at least $250,000 of its stock.

Treasury officials said the session with nearly a dozen senior banking regulators was intended to allow minority-owned banks and their trade association to discuss the losses they had incurred from the federal takeover of Fannie Mae and Freddie Mac. But Kevin Cohee, OneUnited’s chief executive, instead seized the opportunity to plead for special assistance for his bank, federal officials said.

“Here you had a tiny community bank that comes in and they are not proposing a broader policy — they were asking for help for themselves,” said Stephen Lineberry, a former Treasury aide who attended the meeting. “I don’t remember that ever happening before.”

Ms. Waters declined on Tuesday to comment on the meeting, or to say whether her husband still owned shares of OneUnited. Her staff released two letters that showed the meeting had been initially called to discuss industry concerns broadly.

Ms. Waters, a member of the House Financial Services Committee, did not disclose her ties to OneUnited to Treasury officials, who said they learned of them only later.

“It is upsetting to me,” said Jeb Mason, the deputy assistant secretary for business affairs at Treasury during the Bush administration, whose office helped set up the meeting. “This is something that was potentially politically explosive and embarrassing to the administration. They should have at least let us know.”

While OneUnited did not get the $50 million it requested, the bank did become among the first minority-owned institutions to receive a cash infusion — $12 million — in December through the Treasury’s bank bailout effort, called the Troubled Asset Relief Program.

The aid surprised some bank analysts because OneUnited was then considered to be in precarious financial shape. In addition, it had been criticized by regulators in 2007 for failing to lend enough money to lower-income residents in Miami. And the Federal Deposit Insurance Corporation admonished the institution in October 2008 for, among other things, providing Mr. Cohee with a Porsche S.U.V., a $6.4 million beachfront compound in Santa Monica, Calif., with views of the Pacific, and a pool and spa.

Critics of OneUnited, which is based in Boston and has branches in Los Angeles and Miami, say the episode shows how special access arranged through a lawmaker with financial ties to the bank had compromised the integrity of the bailout effort.

“The folks who really need help here is the community served by OneUnited — a community that is starving for credit,” said Kenneth H. Thomas, a Florida banking consultant who has filed complaints with federal regulators about OneUnited’s lending practices.

Treasury officials said the TARP allocation had been made on the merits.

Mr. Cohee said of the regulators’ criticisms, “This is where the race issue comes in.”

Ms. Waters and Mr. Cohee have been outspoken advocates for fair treatment of African-Americans and other minorities by the nation’s banks — “silver rights,” Mr. Cohee called it during an interview in his Los Angeles office. Indeed, the bank has won some praise for helping lower-income neighborhoods in Los Angeles.

Their interests first intersected in 2002, when Mr. Cohee was involved in a bidding war for Family Savings, a small, black-owned bank in Ms. Waters’s South Los Angeles district.

As a white-owned Illinois bank initially emerged as the winner, Ms. Waters made clear through the local news media that she opposed any deal in which Family would fall out of African-American hands. She was credited when the bank abruptly changed course and gave Mr. Cohee another chance to submit a winning bid.

“It’s very helpful if you have a community-based transaction to have the real or implied support of Maxine,” said Wayne-Kent A. Bradshaw, the former president of Family Savings, who preferred the initial deal.

The acquisition nearly doubled the size of Mr. Cohee’s bank.

Less than two years later, Mr. Cohee named Mr. Williams, Ms. Waters’s husband, to the bank’s board. A former professional football player and ambassador to the Bahamas, Mr. Williams was a well-paid consultant, often working with Ms. Waters’s allies.

Mr. Williams accepted no compensation from the bank, to avoid any appearance of a conflict, Mr. Cohee said. But as a director, Mr. Williams was required to hold stock. Accordingly, he acquired $250,000 to $500,000 worth, records show.

Mr. Cohee said that Mr. Williams had paid for the shares himself, although Ms. Waters and Mr. Cohee would not say how much. Mr. Williams, who left the board in April, did not respond to messages left at his office and with his wife.

After the federal takeover of Fannie and Freddie last fall, shares OneUnited had owned in those institutions became nearly worthless, costing it almost $50 million and leaving the bank dangerously undercapitalized.

During this time, Ms. Waters asked Henry M. Paulson, then the Treasury secretary, to host a meeting of Treasury representatives and executives of minority-owned banks suffering from Fannie and Freddie losses, the officials said.

OneUnited officials had separately been pressing for such a meeting, requesting it on behalf of the National Bankers Association, which represents minority-owned banks. Its incoming chairman was a OneUnited executive, Robert Cooper. But it was only after Ms. Waters intervened that the session was approved, Treasury officials said.

At the meeting were representatives from the offices of Representative Barney Frank and Senator John Kerry, both Democrats of Massachusetts, the home state of OneUnited, along with Ms. Waters’s chief of staff. As the hourlong meeting got under way, Treasury officials were surprised as Mr. Cohee and Mr. Cooper focused on OneUnited’s losses.

“They wanted money — cash,” said a former Treasury Department official who attended the meeting but asked not to be named, because he was not authorized to speak to reporters. “That is why they were there. It was very, very explicit.”

No commitment was made at the meeting, federal officials said.

But Ms. Waters intervened again, in early December, calling Treasury to request a second meeting to ensure that minority-owned banks shared in the $700 billion bailout, according to Michael A. Grant, president of the National Bankers Association. At that meeting, an official from OneUnited was also present, but the agenda focused on minority banks in general, not any particular institution, participants said.

Two weeks later, OneUnited received its $12 million TARP allocation. That money was approved by a five-member committee that included Anthony Ryan, then the Treasury’s under secretary for domestic finance, who had been present at the September meeting, and David G. Nason, an assistant Treasury secretary who participated in the second meeting

On Thursday, The Wall Street Journal reported the financial connections between Ms. Waters’s husband and OneUnited, as well as her role in requesting the Treasury meeting.

Treasury officials said the aid was appropriate, noting that OneUnited had met a requirement to raise approximately $20 million in private funds before receiving the federal funds.

Mr. Cohee said he resented any suggestion that Ms. Waters helped him get the money simply because her husband had been on its board.

“Ms. Waters is an important advocate for minorities and minority issues and an indispensable part of Los Angeles communities,” he said. “But we derived no benefit whatsoever from any activity related to her. And she did not really do anything. There is nothing that she did that impacted the process.”

https://www.nytimes.com/2009/03/13/u.../13waters.html

[Bobb]

You really are racist white trash.

I asked, are there any prominent black women in this country who aren't a burden to society? And, you couldn't think of any, either.

[Bill]

Rep. Maxine Waters’ family continues to profit directly from her position in Congress
by Becket Adams
| November 13, 2018 05:14 PM

In 2005, Rep. Maxine Waters, D-Calif., was added to a liberal watchdog’s running list of the most corrupt members of Congress. Waters was added again in 2006 to the Citizens for Responsibility and Ethics in Washington’s annual report on D.C. corruption. They added her again in 2009 and one more time in 2011.

The group may want to consider saving a spot for Waters for its upcoming report for 2018.

The congresswoman’s daughter, Karen Waters, is set to collect more than $200,000 for heading a slate mailer operation for her mother’s 2018 re-election campaign, the Washington Free Beacon reported, citing new Federal Election Commission data:

Karen Waters has pulled in hefty payments from the campaign to run a slate mailer
operation after the FEC issued an advisory opinion in October 2004 allowing Waters
to run the operation from the Citizens for Waters, her mother's campaign committee.
Prior to 2006, Karen ran the arrangement through LA Vote, a state committee in California.

Karen is in charge of slate mailers, or endorsement mailers, in which candidates pay
Rep. Waters's campaign to appear on mailers that are sent to more than 200,000 residents
in the South Central Los Angeles area, where Waters holds a good amount of clout.
The mailers contain a sample ballot and quotes of support from Waters.

From 2006 through the end of the 2016 election cycle, Karen Waters’ firm, Progressive Connections, has collected more than $600,000 in campaign funds from her mom’s campaign committee, the Free Beacon also reported.

The congresswoman’s daughter also received an additional $108,862 in payments from the committee during the 2018 midterm election cycle, according to the FEC.

“The committee additionally reported that it still owes $94,000 to Karen,” the Free Beacon noted. “Once the debt is paid off, Karen will have received more than $200,000 in payments from the committee as marked at the end of the midterm cycle. The campaign was paid more than $200,000 from the likes of Democratic candidates and judges in California during the most recent campaign cycle.”

Though it all appears to to be legal, that doesn’t mean it's ethical. This story feels like an extension of the corrupt-but-not-quite-illegal familial kickbacks for which the Waters family has become well-known.

In 2010, for example, Waters was charged with violations of the House's ethics rules after it was reported that she had used her connections in 2008 to ensure a $12 million federal bailout of OneUnited Bank, which had contributed heavily to her campaign and where her husband owned stock. She was cleared of the charges in 2012. Her grandson was the one who took the fall. And by "took the fall," I mean he received a reprimand.

Earlier, in 2004, the Los Angeles Times reported separately that Waters' relatives pocketed more than $1 million over the course of eight years from businesses and political campaigns that were in some way connected to the congresswoman. The reporting showed that her children profited directly from her connections, including that they collected hefty fees from campaigns she had endorsed. The California lawmaker defended herself at the time by saying, "They do their business and I do mine."

That’s the problem, though. There doesn’t seem to be any clear delineation between Waters’ “business” and the rest of her family’s “business.” Everyone in that family is making bank on mom’s safe seat in Congress.

https://www.washingtonexaminer.com/o...on-in-congress

Sad you accuse them of profiting & defend trumpFz doing it.......

[Tkaffen]

Wells Fargo, TD Bank turn over Trump financial records to House Dems

Source: FOX News (!)


Wells Fargo and TD Bank have turned over President Trump’s financial records to the House Financial Services Committee, Fox News confirmed on Thursday, amid a contentious legal battle between the Trump administration and congressional Democrats seeking access to sensitive files.

The committee, led by Chairwoman Maxine Waters, D-Calif., is one of several panels that have issued subpoenas and requests for Trump’s financial files.

NBC News first reported that Wells Fargo turned over a few thousand documents to the committee, and TD Bank provided a handful.

The banks are two of the nine financial institutions with which congressional Democrats are seeking cooperation. The push has led to an escalating legal battle on multiple fronts.


https://www.msn.com/en-us/news/polit...7IW?li=BBnb7Kz

Is this the same Maxine Waters that looked like a fool when she grilled bank CEOs over the student loan crisis even though the federal government took over student lending in 2010.

[Tkaffen]

Rep. Maxine Waters’ family continues to profit directly from her position in Congress
by Becket Adams
| November 13, 2018 05:14 PM

In 2005, Rep. Maxine Waters, D-Calif., was added to a liberal watchdog’s running list of the most corrupt members of Congress. Waters was added again in 2006 to the Citizens for Responsibility and Ethics in Washington’s annual report on D.C. corruption. They added her again in 2009 and one more time in 2011.

The group may want to consider saving a spot for Waters for its upcoming report for 2018.

The congresswoman’s daughter, Karen Waters, is set to collect more than $200,000 for heading a slate mailer operation for her mother’s 2018 re-election campaign, the Washington Free Beacon reported, citing new Federal Election Commission data:

Karen Waters has pulled in hefty payments from the campaign to run a slate mailer
operation after the FEC issued an advisory opinion in October 2004 allowing Waters
to run the operation from the Citizens for Waters, her mother's campaign committee.
Prior to 2006, Karen ran the arrangement through LA Vote, a state committee in California.

Karen is in charge of slate mailers, or endorsement mailers, in which candidates pay
Rep. Waters's campaign to appear on mailers that are sent to more than 200,000 residents
in the South Central Los Angeles area, where Waters holds a good amount of clout.
The mailers contain a sample ballot and quotes of support from Waters.

From 2006 through the end of the 2016 election cycle, Karen Waters’ firm, Progressive Connections, has collected more than $600,000 in campaign funds from her mom’s campaign committee, the Free Beacon also reported.

The congresswoman’s daughter also received an additional $108,862 in payments from the committee during the 2018 midterm election cycle, according to the FEC.

“The committee additionally reported that it still owes $94,000 to Karen,” the Free Beacon noted. “Once the debt is paid off, Karen will have received more than $200,000 in payments from the committee as marked at the end of the midterm cycle. The campaign was paid more than $200,000 from the likes of Democratic candidates and judges in California during the most recent campaign cycle.”

Though it all appears to to be legal, that doesn’t mean it's ethical. This story feels like an extension of the corrupt-but-not-quite-illegal familial kickbacks for which the Waters family has become well-known.

In 2010, for example, Waters was charged with violations of the House's ethics rules after it was reported that she had used her connections in 2008 to ensure a $12 million federal bailout of OneUnited Bank, which had contributed heavily to her campaign and where her husband owned stock. She was cleared of the charges in 2012. Her grandson was the one who took the fall. And by "took the fall," I mean he received a reprimand.

Earlier, in 2004, the Los Angeles Times reported separately that Waters' relatives pocketed more than $1 million over the course of eight years from businesses and political campaigns that were in some way connected to the congresswoman. The reporting showed that her children profited directly from her connections, including that they collected hefty fees from campaigns she had endorsed. The California lawmaker defended herself at the time by saying, "They do their business and I do mine."

That’s the problem, though. There doesn’t seem to be any clear delineation between Waters’ “business” and the rest of her family’s “business.” Everyone in that family is making bank on mom’s safe seat in Congress.

https://www.washingtonexaminer.com/o...on-in-congress

Politician privilege.
These guys are self-serving assholes.

[Tkaffen]

Wells Fargo, TD Bank turn over Trump financial records to House Dems

Source: FOX News (!)


Wells Fargo and TD Bank have turned over President Trump’s financial records to the House Financial Services Committee, Fox News confirmed on Thursday, amid a contentious legal battle between the Trump administration and congressional Democrats seeking access to sensitive files.

The committee, led by Chairwoman Maxine Waters, D-Calif., is one of several panels that have issued subpoenas and requests for Trump’s financial files.

NBC News first reported that Wells Fargo turned over a few thousand documents to the committee, and TD Bank provided a handful.

The banks are two of the nine financial institutions with which congressional Democrats are seeking cooperation. The push has led to an escalating legal battle on multiple fronts.


https://www.msn.com/en-us/news/polit...7IW?li=BBnb7Kz

Fishing expedition. The jack asses are simply looking for anything now that the Mueller report found no collusion.
Other than a refusal to provide personal information what evidence of wrongdoing.

I heard if this witch hunt fails, they will investigate the Steele report specifically the time when whores pissed on him. They will also start investigating his personal life with his family. The jack asses want to know if he disciplines his son.

[Stretch]

Is this the same Maxine Waters that looked like a fool when she grilled bank CEOs over the student loan crisis even though the federal government took over student lending in 2010.

LOL The very one. Yep.

[Gonzomin]

So Trumpian. Every righty who responded attacked Waters and called her names and insulted her. The point is she heads one of the investigations and us getting results. Deal with that.
I don't think she laughed. Investigations are serious business.

[cancel2 2022]

LOL The very one. Yep.

She is the very epitome of the Dilbert Principle.

https://en.m.wikipedia.org/wiki/Dilbert_principle

[Bobb]

Fishing expedition. The jack asses are simply looking for anything now that the Mueller report found no collusion.
Other than a refusal to provide personal information what evidence of wrongdoing.

If there actually hasn't been wrong doing, as in this case, the bar for obstruction of justice should be very high, as there's no crime to obstruct. If there was no collusion, there was no collusion to cover up.

Anyone subjected to a two year investigation for anything wouldn't come out any better than Trump with with Mueller. Even if you're 110% innocent, you're going to want to protect your privacy and not have the investigation get in the way of other things you want to do. You're going to make statements and do things that can be mischaracterized (which is why every arrested person is told "anything you say can and will be used against you", even if you're innocent). This is a Communist/dictator strategy to take down anyone. A related Communist/dictator strategy is forcing people to prove they're innocent, which usually can't be done, and which the Democrats are bordering on demanding.

The Democrats are truly trying to drag America into a very dark place.