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Between Nixon's accession to office and his resignation in August 1974, unemployment rates had risen from 3.5% to 5.6%, and the rate of inflation had grown from 4.7% to 8.7%. [64] Observers coined a new term for the undesirable combination of unemployment and inflation: "stagflation", a phenomenon that would worsen after Nixon left office. [66]
The presidency of Richard Nixon began on January 20, 1969, when Richard Nixon was inaugurated as the 37th president of the United States, and ended on August 9, 1974, when, in the face of almost certain impeachment and removal from office, he resigned the presidency (the first U.S. president ever to do so).
On August 5, 1974, several of President Richard Nixon's recorded-on-audiotape Oval Office conversations were released. One of them, which was described as the "smoking gun" tape, was recorded soon after the Watergate break-in, and demonstrated that Richard Nixon had been told of the White House connection to the Watergate burglaries soon after they took place, and approved a plan to thwart the ...
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was the 37th president of the United States, serving from 1969 until his resignation in 1974. A member of the Republican Party, he previously served as a representative and senator from California and as the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower.
December 2 – Earl Butz is sworn in as the 18th United States Secretary of Agriculture. [11] December 9 – President Nixon vetoes a federal childcare program that he charges as too costly and unworkable. [12] Congress sends a tax cut bill to President Nixon reducing the taxes on individuals and businesses by US$15.8 billion during the night. [13]
The Watergate scandal refers to the burglary and illegal wiretapping of the headquarters of the Democratic National Committee, in the Watergate complex by members of President Richard Nixon's re-election campaign, and the subsequent cover-up of the break-in resulting in Nixon's resignation on August 9, 1974, as well as other abuses of power by the Nixon White House that were discovered during ...
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On the night of August 7, 1974, Senators Barry Goldwater and Hugh Scott and Congressman Rhodes met with Nixon in the Oval Office. Scott and Rhodes were the Republican leaders in the Senate and House, respectively; Goldwater was brought along as an elder statesman. The three lawmakers told Nixon that his support in Congress had all but disappeared.