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A House panel on Tuesday found Representative Charles B. Rangel guilty of 11 counts of ethical violations, ruling that his failure to pay taxes, improper solicitation of fund-raising donations and failure to accurately report his personal income had brought dishonor on the House. After a public hearing Monday that was truncated by Mr. Rangel walking out in protest, an adjudicatory subcommittee of the House ethics committee deliberated for four hours before finding him guilty of all but one of the 13 counts against him. (Two other counts, involving Mr. Rangel’s misuse of House franking privileges, were merged into one.)

Video 06 Flashback: Pelosi Tells Anti-War Protesters ‘I’m a Fan of Disruptors’ http://www.drudgereport.com/

A fund of hedge funds run by two members of Vice President Joe Biden's family was marketed exclusively by companies controlled by Texas financier R. Allen Stanford, who is facing Securities and Exchange Commission accusations of engaging in an $8 billion fraud. The $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity and was known as the Paradigm Stanford Capital Management Core Alternative Fund. Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, according to a lawyer for Paradigm....

Rep. Jim McDermott, D-Wash., violated ethics standards by giving reporters access to an illegally taped telephone call involving Republican leaders a decade ago, the House ethics committee said Monday. McDermott, who at the time was the panel's senior Democrat, failed to meet his obligations as a committee leader, said a report released two days after Congress adjourned for the year. The panel took no action other than the report. "Rep. McDermott's secretive disclosures to the news media . . . risked undermining the ethics process regarding" former House Speaker Newt Gingrich, the committee said. It said McDermott's actions "were not...

Senate Panel Clears Reid on Free Tickets By ERICA WERNER, Associated Press Writer 1:21 PM PST, December 12, 2006 WASHINGTON -- Incoming Senate Majority Leader Harry Reid did not break Senate rules in accepting free ringside seats at boxing matches from the Nevada Athletic Commission, the Ethics Committee has concluded. The committee disclosed the determination in a Dec. 7 letter to Las Vegas resident Robert Rose, who had filed a complaint on the matter. The Associated Press reported earlier this year that Reid, D-Nev., attended three Las Vegas fights between 2003 and 2005 without paying, using credentials provided by the...