The direct effect of the Watergate scandal was the resignation of Richard Nixon as President of the United States. A number of Nixon's aides were sent to federal prison. Congress subsequently passed several laws concerning campaign financing, government ethics and freedom of information. A long-term effect was a widespread distrust by the American public in the presidency and the nation's political institutions in general.Know More
The first Watergate break-in occurred in May 1972, when members of Nixon's Committee to Re-elect the President burglarized the Democratic National Committee headquarters at the Watergate building, bugging the phones and stealing top-secret documents. In June, the burglars returned, as the wiretaps were not functioning properly. This time the police caught them in the act and apprehended them.
President Nixon denied any knowledge of the break-in and as a result won the 1972 election by a landslide. Investigations and secret White House tapes afterwards revealed that he tried to cover up the burglaries by paying bribes, impeding the FBI investigation, firing government officials and destroying evidence.
Faced with certain impeachment, Nixon resigned on August 8, 1974. Soon after he was sworn in, Gerald Ford, the new president and former vice-president under Nixon, pardoned Nixon for any crimes committed while in office. The American public was incensed, and political commentators felt it was a major factor in Ford losing the 1976 presidential election to Jimmy Carter.Learn more about US History
Ross Perot ran for President of the United States in both 1992 and 1996. According to Biography.com, he won almost 19 percent of the popular vote when he ran as an independent in 1992. He formed the Reform Party in 1995 and ran as its candidate in the 1996 election.Full Answer >
Warren G. Harding, 29th President of the United States, is famous for the high level of government corruption exhibited during his administration and the criminal activities of some cabinet members and other officials. Plagued by scandals, including the Teapot Dome debacle, Harding's presidency lasted from 1921 to 1923.Full Answer >
The no-third-term tradition originated when George Washington was President of the United States. He stated that two terms were more than enough for any president. This ended up becoming an unofficial law.Full Answer >
By the time Andrew Jackson was sworn into office as President of the United States, the Second National Bank handled an estimated 20 percent of the nation's loans and one-third of all deposits. Fearing that such a powerful bank would be unable to remain independent of the electoral process, Jackson set out to destroy it with no chance of reform.Full Answer >