Rangel is now the chairman of the House Ways and Means Committee and a man of immense importance in Washington. Nonetheless, he has been busy of late revising and amending the record, backing and filling, using buckets of Wite-Out as he discovers or remembers properties he has owned in New York, New Jersey, Florida, the Dominican Republic and God only knows where else — and has forgotten or neglected to fully report on the required forms, not to mention the income from them. Oops!
Rangel recently even discovered bank accounts that no one in the world, apparently including him, knew he had. One was with the Congressional Federal Credit Union; another was with Merrill Lynch — each valued between $250,000 and $500,000. He somehow neglected to mention these accounts on his congressional disclosure forms, which means, if you can believe it, that when he signed the forms, he did not notice that maybe $1 million was missing. Someone ought to check the lighting in his office.
The dim bulb could also have accounted for why Rangel did not notice that he was soliciting contributions for the curiously named Charles B. Rangel Center for Public Service on the congressional letterhead of the very same Charles B. Rangel. It may also account for why he failed to report dividend income from various investments in addition to what he made by selling a townhouse in Harlem. The place went for $410,000 in 2004, and had been rented — or not — to various people, who paid rent or didn’t — since Rangel reported no income for years at a time. This is what he did, too, with the rent he earned on his Dominican Republic villa. Again, nada.
Why is Rangel still Chairman of the House Ways and Means Committee? And what kind of fulfillment of the “most ethical Congress in history” promise is it that Nancy Pelosi allows him to remain in the role?