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Remember when Nancy Pelosi promised to "drain the swamp" after the Democrats took control of the House a few years back? Well turns out some of her high-profile Democratic colleagues may be swimming in that very swamp.
Two senior Democrats in the House of Representatives now face possible ethics trials – which is just about the last thing Democrats need headed into what's already shaping up to be a brutal midterm election.
Long-time New York Congressman Charlie Rangel has been formally charged with 13 counts of violating House ethics rules... including not paying taxes on rental income from the Dominican Republic.
Several House Democrats have already called on Rangel, a 20-term veteran, to resign.... and President Obama says he hopes Rangel can "end his career with dignity."
Then there's California Congresswoman Maxine Waters. Today, the ethics panel charged her with breaking House rules by using her position to get federal bailout money for a bank with ties to her husband.
To read more and contribute to the Cafferty File discussion, click here