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Martin was initially supposed to deliver his findings by Jan. 2, but in mid-December the committee said it had authorized him to bill up to $500,000 for work related to the Waters case — in addition to the $300,000 he had billed at that point under the terms of his original contract — and that he had until July 31 to deliver his findings.
Now that the Ethics Committee has cleared itself, it could decide to proceed with its case against Waters, who is alleged to have improperly intervened with federal regulators on behalf of a bank in which her husband had a financial stake.
Waters’ office said a statement on the committee’s announcement would be forthcoming.