- 2002 – President George W. Bush pushed Treasury Secretary Paul O’Neill and economic adviser Larry Lindsey from their jobs in a Cabinet shake-up. [NYT]
- 1994 – Republican-controlled Orange County, Calif., filed for bankruptcy protection due to investment losses of about $2 billion. [NYT]
- 1998 – The Los Angeles Times published an editorial by Robert Scheer on conservative Michael Huffington‘s recent decision to come out of the closet, saying it should come as no surprise that Republicans, even conservative members of the party, are gay. [365Gay]
- 1973 – Gerald Ford was sworn in as vice president under Pres. Richard Nixon, following the resignation of Spiro Agnew who pled no contest to a charge of income tax evasion. [Music of Your Life]
- 1889 – Jefferson Davis, the first and only president of the Confederate States of America, died in New Orleans at age 81. [NYT]
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