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Follow the money" is a catchphrase popularized by the 1976 docudrama film All the President's Men, ... the informant who took part in revealing the Watergate scandal.
In the aftermath of Watergate, "follow the money" became part of the American lexicon and is widely believed to have been uttered by Mark Felt to Woodward and Bernstein. The phrase was never used in the 1974 book All the President's Men and did not become associated with it until the movie of the same name was released in 1976. [ 117 ]
The Act effectively removed the impoundment power of the president and required him to obtain Congressional approval if he wants to rescind specific government spending. President Nixon signed the Act with little protest because the administration was then embroiled in the Watergate scandal and unwilling to provoke Congress. [6]
William Mark Felt Sr. (August 17, 1913 – December 18, 2008) was an American law enforcement officer who worked for the Federal Bureau of Investigation (FBI) from 1942 to 1973 and was known for his role in the Watergate scandal.
The greatest scandal in American political history has its roots in room 214 of The Watergate Hotel in Washington, D.C. The famed room still exists and can be booked for overnight stays for an ...
Wall Street's Watergate It hasn't been all good news for the stock market on Nov. 14. The high-octane '80s produced plenty of investing scandals, but few were as high-profile as that which brought ...
Carl Bernstein — half of the tenacious duo of young Washington Post reporters who broke the Watergate scandal that ultimately led to President Richard Nixon’s resignation — is joining ...
Hunt was carrying $10,000 in $100 bills when the plane crashed, and some alleged that this money was meant for people connected to Watergate. [7] [14] James McCord alleged that Hunt supplied the Watergate defendants with money for legal expenses. [7] The FBI's appearance at the accident scene was also regarded by some as unusually fast.