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Maxine waters deciding she would rather go through this process of an ethics trial rather than just accept a judgment against her by the ethics committee, a judgment that says she violated house rules. so she wants her day in court. this is what we're hearing from a source familiar with the ethics process. we know waters has been under investigation since last fall having to do with allegations that she set up a meeting between a bank called one united and the treasury department. this all happened in september of 2008, the height of the financial crisis. many financial institutions at the tim...

The waters investigation? >> we know maxine waters has told authorities he was born in been under investigation for several months now, since last yemen, not here in the united states. years later, that lie almost got fall. and she has been under him arrested. investigation by an ethics he was investigated for passport subcommittee for setting up a ming between treasury department fraud following 9/11 but the officials and one united bank. arrest warrant was rescinded, the thing here that raises alarm but he left in 2002, never to bells is the fact that one return. united bank is a bank that h...

While rangel has admitted to making mistakes, water admits she's done nothing wrong. these potential trials show that the ethics process is working. really? they're both still there. in 2006, the republicans ran into a series of scandals, including then senate majority leader tom delay and duke kung ham who i think is still in jail. in 1994, it was the democrats who lost the house amid allegations that top democrats including a guy from illinois were misusing funds from the house post office. anyway, he's the question. will ethics issues haunt the democrats come november?

Important development. we're following it closely. but we also think it's important that we've seen now politics break out in the country there. the vice president has said. so we think these disagreements and so forth are being worked out in a political, democratic process and we think that's all to the good. >> how worried are you that a shiite led government in iraq will further enhance its relationship with the shiite led regime in iran? >> you know, wolf, of the many things i worry about that's not one of them. we've seen obviously that a strong and independent iraq has formed itself. you...

Disregard for the rules. in addition to him, kilroy, minick mick, sutton and kirkpatrick say he should step down. other democrats say they want to let it play out. >> if he did wrong, he will own up to it. if he didn't do wrong, he will defend it. but he loves this institution more than anything else besides his family. and i have a lot of confidence in him. >> house democratic leaders though have not publicly called for rangle to step down. they say only that the ethics process is working. jon? >> but the lawmaker who revealed the details of this reprimand is apologizing now. why? >> right. r...