Contemporary era

Facing impeachment charges including obstruction of justice and abuse of power as a result of the Watergate scandal, in 1974 Nixon became the first U.S. president to resign. Then-Vice President Gerald Ford succeeded Nixon and later pardoned him of any crimes. The Jimmy Carter administration of the late 1970s was marked by stagflation and the Iran hostage crisis. The election of Ronald Reagan as president in 1980 heralded a rightward shift in American politics and produced major changes in taxation and spending priorities. His second term in office brought both the Iran-Contra scandal and significant diplomatic progress with the Soviet Union. The subsequent Soviet collapse ended the Cold War.
Contemporary era
The World Trade Center on the morning of September 11, 2001

Under President George H. W. Bush, the United States took a leading role in the UN–sanctioned Gulf War. The longest economic expansion in modern U.S. history—from March 1991 to March 2001—encompassed the Bill Clinton administration and ended with the dot-com bubble.[47] A civil lawsuit and sex scandal led to Clinton's impeachment in 1998, although he remained in office. One of the closest in American history, the 2000 presidential election was resolved by a U.S. Supreme Court decision that made George W. Bush, son of George H. W. Bush, the new president.essential oils
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