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Ethics committee nears end of Maxine Waters case

Larry Margasak, Associated Press

FILE - In this Feb. 8, 2011 file photo, U.S. Rep. Maxine Waters, D-Calif., speaks during news conference on a Woman's Right to Choose on Capitol Hill in Washington. The House Ethics Committee will hold a hearing Friday, Sept. 21, 2012, in the case of Waters, a senior Democrat on the Financial Services Committee, who disputes allegations she tried to steer U.S. bailout money to a bank where her husband owns stock. (AP Photo/Manuel Balce Ceneta, File)

WASHINGTON (AP) -- Democratic Congresswoman Maxine Waters will not be charged with ethics violations.

At a meeting Friday, House Ethics Committee members said they have not found any violations.

Waters is a senior Democrat on the Financial Services Committee who fought allegations that she tried to steer a U.S. financial bailout to a bank where her husband is an investor.

The committee, however, said Waters' chief of staff, Mikael Moore, did take actions in Congress in an attempt to help the bank and violated standards of conduct. Moore likely will receive a letter admonishing him for his conduct.

Virginia Republican Rep. Bob Goodlatte, who is acting chairman of the panel, announced the tentative findings at a hearing but noted the committee has not issued a final report.