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FRIDAY, NOVEMBER 27, 2009
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Rangel Inquiry Expands to Donor Concerns

Rep. faces allegations he fought tax loophole in funding tradeoff

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(Newser) – A House ethics committee broadened its probe into Charles Rangel over concerns the New York Democrat fought a tax loophole in exchange for a $1 million donation to his policy institute. The subcommittee has been investigating Rangel’s personal finances since September over several other corruption allegations; now, it looks like the probe may stretch into Congress’ next term, Politico reports.

The New York Times reported that Rangel met with donor Eugene Isenberg the day his Ways and Means Committee was studying a tax bill that would affect Isenberg’s firm. Isenberg wanted confirmation Rangel wouldn’t support the measure, the Times said; the same day, the two had discussed Isenberg’s contribution. Both men say there’s no connection between the donation and Rangel’s opposition to the bill.

Rangel presides during his committee's hearing on Capitol Hill in Washington, Oct. 29, 2008, on the financial issues that states are facing.
Rangel presides during his committee's hearing on Capitol Hill in Washington, Oct. 29, 2008, on the financial issues that states are facing.   (AP Photo)
House Ways and Means Committee Chairman Charles Rangel, D-NY, waits for the start of a news conference on Capitol Hill.
House Ways and Means Committee Chairman Charles Rangel, D-NY, waits for the start of a news conference on Capitol Hill.   (AP Photo)
House Ways and Means Chairman Rep. Charles Rangel, D-NY, pauses as he responds to questions regarding alleged financial improprieties from reporters in Washington.
House Ways and Means Chairman Rep. Charles Rangel, D-NY, pauses as he responds to questions regarding alleged financial improprieties from reporters in Washington.   (AP Photo)
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Zebraone
Dec 10, 08 9:11 PM CST
It's about time this wheeler dealer got caught~~~ He's always skirting on the edge of the law...~~ His position on the H W M committie has many politicos beholding to him~~~ Send him to the same place as the Ilinois govonor is going~~~~ Reply
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Congress • investigation • Charles Rangel • donation • House Ways and Means Committee • payoffs • House Ethics Committee • Eugene Isenberg • Nabors

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