Senate Ethics Committee Opens Keating Five Investigation

confirmed Importance 9/10 ~1 min read 3 sources 6 actors

The Senate Ethics Committee launched an investigation into five senators (McCain, Glenn, Cranston, Riegle, and DeConcini) for their improper intervention with federal regulators on behalf of Charles Keating’s Lincoln Savings and Loan Association. The investigation was initiated after Keating’s $1.3 million in political contributions raised significant ethical concerns.

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The Cascade Ledger. “Senate Ethics Committee Opens Keating Five Investigation.” The Capture Cascade Timeline, April 14, 1989. https://capturecascade.org/event/1989-04-14--keating-five-investigation-opens/