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Arizona’s John McCain’s Bold Fight to Drain Money from Politics: A Journey of Setbacks

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How Arizona's John McCain fought to get money out of politics and lost

In November 1989, John McCain’s emerging political career faced a significant threat. The Senate Ethics Committee turned its attention to the freshman senator from Arizona, prompting serious concerns regarding his conduct in office.

This scrutiny stemmed from his involvement in the Keating Five scandal, which had implications for multiple U.S. senators. Allegations suggested that he, along with four others, had intervened with federal regulators on behalf of Charles Keating, a savings and loan executive accused of fraud.

The incident could have permanently tarnished McCain’s reputation. However, after extensive investigations and hearings, he emerged from the ordeal with a renewed commitment to reform. This marked a turning point in his career, as he dedicated himself to addressing campaign finance issues and promoting transparency in political dealings.

Ultimately, McCain’s response to this scandal reshaped his legacy as a candid political figure, willing to confront his past mistakes and advocate for change. His experience in navigating the turbulent waters of political ethics laid the groundwork for his later influence in the Senate and the nation.