Remember the new Democratic era? Well, it looks a lot like the old Democratic era.
Speaker Nancy Pelosi (D-Calif.) will let Rep. Charles Rangel (D-N.Y.) keep his chairmanship despite his failing to report hundreds of thousands of dollars in assets on federal disclosure forms, according to Democratic aides.
The chairman of the House Ways and Means Committee’s latest misstep has received strong media scrutiny and prompted good-government watchdog groups to call for a special counsel investigation.
Growing ethical turmoil surrounding Rangel has prompted calls for Pelosi to yank Rangel’s gavel.
But Democratic aides say that Pelosi will not pressure Rangel to resign his post or censure him publicly unless the House ethics committee finds him guilty of misconduct or a prosecutor brings charges.