watergate 1972
Watergate was the name of the biggest political scandal in United States history. It included various illegal activities designed to help President Richard M. Nixon win reelection in 1972. Watergate resulted in Nixon's resignation from the presidency in 1974.
Watergate differed from most previous political scandals because personal greed apparently did not play an important role. Instead, Watergate represented an attack on one of the chief features of a democracy--free and open elections.
The Watergate activities included
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federal crimes that Nixon might have committed while serving as President.
Other effects of Watergate. In 1974, Congress approved reforms in the financing of federal election campaigns. Some reforms limit the amount of money contributors may give to candidates for President, Vice President, and Congress. Other financial reforms require detailed reporting of both contributions and expenses. Many state legislatures limited contributions and spending in state election campaigns and adopted codes of ethics for all government employees.
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