Two long-standing Democratic members of the House of Representatives will face ethics trials in September.
On Monday, a House investigative panel announced charges against Rep. Maxine Waters, D-Calif. The news comes just days after the ethics committee moved forward with charges against Rep. Charles Rangel, D-N.Y.
According to the House Committee on Standards of Official, Waters violated conflict of interest rules when she allegedly called Treasury Secretary Hank Paulson in September 2008 to set up a meeting between treasury officials and one United Bank.
Her husband was a large investor in the bank which later received $12 million in bailout money.
The California congresswoman has denied violating any house rules and said she was only acting out of concern for minority-owned banks.
Waters, one of the most outspoken liberals on Capitol Hill, represents South Central, Los Angeles and has served in the House for more than 20 years.
The Waters case combined with recent charges against Rangel represent a double impact for Democrats.
House Speaker Nancy Pelosi, D-Calif., is reportedly close to both Rangel and Waters.
"Any personal respect and affection we may have for people makes us sad about the course of events but we have to pull the high ethical standard and none of our personalities is more important than that," Pelosi said.
The possibility of two high-profile public trials this fall comes at a tough time for Democrats, who are already gearing up for difficult mid-term elections.