Rangel addresses ethics accusations

July 17, 2008 4:00:28 PM PDT
More potential problems for powerful and popular New York Congressman Charlie Rangel. The veteran Democrat from Harlem held a news conference Thursday morning to discuss possible ethical violations in raising money for his Rangel Center in New York.

Rangel says he has nothing to hide about his effort to raise money for a college center named after him.

The Washington Post reported on Tuesday that Rangel wrote letters on congressional stationery to solicit corporate contributions for the center to be housed at City College.

According to the report, Rangel was hoping to raise $30 million for the new academic center that will house his papers when he retires. So far, about $12 million has been raised.

Rangel says he only asked for a meeting, not money.

House rules forbid congressmen from using letterhead to solicit these donations. Rangel told the post he's done nothing wrong.