House Ethics Panel Finds Rep. Charles Rangel (D-N.Y.) Guilty of Violating Rules

Nov. 16, 2010 - According to Fredreka Schouten article on USA Today, the eight-member House ethics subcommittee concluded Rep. Charles Rangel (D-N.Y.) broke House rules by soliciting millions of dollars in donations for a non-profit center bearing his name, housing a campaign office in a rent-stabilized Manhattan apartment, and failing to disclose assets and income and pay some taxes.

The charges against Rangel are in part based on improperly raising funds for a school named in his honor. Below is a list of companies mentioned in the committee's findings and the dollar amount contributed to Rangel's campaign committee for elected office. According to an article by David Kocieniewski of the New York Times, Rangel angrily denied accusations that he used his position to receive special treatment or misused his office as chairman of the Ways and Means committee to raise money for a City College school of public service being built in his honor.

 

Contributor* Amount*
New York Life Insurance $50,000
Metlife Inc. $49,824
Goldman Sachs $39,500
Verizon $30,000
JPMorgan Chase $26,000
Citigroup Inc. $19,000
AT&T $13,500
Bristol-Myers Squibb $11,000
PepsiCo Inc. $10,500
ING Americas $8,000
Bell South $3,000
Merill Lynch $2,500
Olnick, Sylvia (Olnick Organization)    $2,000
Wachovia $1,000
Grand Total $265,824

Other organizations are named in the statement but do not appear in Rep. Rangel's contributor list including: Alliance Municipal Income Fund, Andrew W. Mellon Foundation, Calvert Tax Free Reserves, Carnegie Corporation of New York, Eaton Vance Insured New York Municipal Bond Fund, Ford Foundation, Hampton Management Company, iShares Dow Jones Select Dividend Income Fund, Nabors Industries, New York Community Trust, Niagara MohawkHoldings, Nuveen New York Quality Income Municipal Fund, Rochester Municipal Fund, Rockefellar Brothers Fund, Starr Foundation and Yum! Brands.

* Contributor data includes contributor names collected from the House of Representatives - Committee on Standards of Official Conduct - Investigative Subcommittee in the Matter of Representative Charles B. Rangel - Statement of Alleged Violation.  Contribution figures provided by Center for Responsive Politics via the MAPLight.org "Contribution Search." The numbers provided represent the total contributions given to Rep. Rangel's campaign committees from the named groups from the 2002 to 2010 election cycles.

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