Just one day after recommending that Rep. Charles Rangel (D-N.Y.) be censured by the full House for violating congressional rules, the House ethics committee announced that the trial involving Rep. Maxine Waters (D-Calif.), originally scheduled for Nov. 29, will be postponed. The decision, released in a statement, was "due to materials discovered that may have had an effect" on the case.
The case now goes back to a special subcommittee panel for further investigation. What that means is that if a trial is to be held, it will be next year, in the 112th Congress. (Yes, Republicans will control the House come 2011, but the ethics committee is evenly divided between the two major parties.)
Waters is charged with helping direct federal bailout money to a bank in which her husband had a financial interest.
Earlier this month she won re-election to an 11th term with 79 percent of the vote.