Rangel investigation to be finished by January
New York Democratic congressman and House Ways and Means Committee Chairman Charlie Rangel has been under investigation by the Ethics Committee for possible misconduct in his personal finances. According to the Speaker, the report on the investigation will be concluded by the start of the new Congress in the beginning of January.
New allegations came to light Tuesday, when The New York Times reported that Rangel had preserved a tax benefit for an oil-drilling company on the same day that he asked the head of that company to donate money to the Charles B. Rangel public service school at the City College of New York.
Rangel refuted the Times’ reporting; the newspaper’s editorial board called on Pelosi to remove him as head of the powerful tax writing committee.
Rangel denounced the Times for publishing a story that he said “charges recklessly ahead anyway with a host of innuendos to question my motives and actions in supporting the City College program. . . . At no time - never - did I entertain, promote or secure a tax break or any special favor for anyone as an inducement or reward for a contribution to the City College of New York.”
As a supporter of Charlie Rangel and the public policies that he fights for, I hope the Times is wrong. But if the Ethics investigation shows that they are right, Rangel should lose his chairmanship and probably his seat in Congress.
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Actually, maybe he’s onto something here. Private companies who do big business with the government sponsor public schools.
I personally kind of like that.