Congresswoman Maxine Waters (D-CA) released a statement yesterday following an announcement by the Committee on Standards of Official Conduct. Here's the full text:

Today I received notification that the Committee on Standards of Official Conduct voted to empanel an investigative subcommittee to review allegations regarding my arranging a meeting with the Treasury Department on behalf of the National Bankers Association, which represents minority banks in this country.

My longtime advocacy on behalf of women- and minority-owned institutions is well known and appreciated by these institutions, which have been historically denied access to government regulators to address their concerns.

I am confident that as the investigation moves forward the panel will discover that there are no facts to support allegations that I have acted improperly or violated the Code of Official Conduct or any law, rule, regulation or other standard of conduct in performing my duties and discharging my responsibilities as a United States Representative.