Rangel $$$ Probe Will Widen – Panel Eyes CEO's Gift

Congressional investigators decided yesterday to expand their probe into whether Rep. Charles Rangel violated ethics rules.

The House Ethics Committee announced that it would look into whether the Harlem Democrat helped preserve a corporate loophole for a company in exchange for a $1 million donation to the Charles B. Rangel Center at City College.

A brief statement released by the panel said that the move came at the request of Rangel himself. He has declared war against The New York Times for a story detailing what appeared to be his support for legislation in exchange for a charitable donation from the CEO of Nabors Industries.

Read more: (Daphne Retter, “$$ Probe of Rangel Will Widen – Panel Eyes CEO’s Gift,” New York Post, 12/10/08)