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Congresswoman Maxine Waters testifies before the House Intelligence Commitee March 16, 1998, then chaired by Congressman Porter Goss, on CIA involvement in drug trafficking. Goss, who stoutly resisted the full investigation of the CIA-crack connection that Waters pressed him for, is now charging Waters with violations of House ethics rules stemming from her legitimate advocacy for Black banks. She categorically denies the allegations and welcomes a House trial to clear her good name.
According to Chuck Neubauer and Ted Rohrlich writing in the LA 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."