Pelosi Continues to Stand by Rangel

Posted September 10, 2009 at 12:26pm

Speaker Nancy Pelosi (D-Calif.) is standing by Ways and Means Chairman Charlie Rangel (D-N.Y.) as he weathers a new wave of criticism over recent revelations he failed to disclose hundreds of thousands of dollars in income and assets.“I do not think he should step aside,— Pelosi told reporters at her weekly press conference Thursday, noting that the House Committee on Standards of Official Conduct is already probing Rangel at the Harlem Democrat’s request. “They have been doing that, they will be making a recommendation to the Congress following their own investigation, and that, I think, is the appropriate time for a decision of that kind to be made.—The late-summer release of Rangel’s amended financial disclosure reports prompted fresh calls for his ouster from Republicans, government watchdog groups and editorial boards. But since questions about Rangel’s personal finances first tripped him up a year ago, Pelosi has pointed to the ongoing ethics probe in declining to strip him of his gavel.