Walter Cronkite ASU's Downtown Phoenix campus was also built in his honor. The Walter Cronkite Regents Chair in Communication seats the Texas College of Communications dean. The Walter Cronkite papers are preserved at the curatorial Dolph Briscoe Center for American History at the University of Texas at Austin. Occupying 293 linear feet (almost 90 metres) of shelf space, the papers document Cronkite's journalism career. Amongst the collected material are Cronkite's early beginnings while he still lived in Houston. They encompass his coverage of World War II as a United Press International correspondent, where he cemented his reputation by taking on hazardous overseas
Walter Cronkite added to the McCain-Feingold-Shays-Meehan Campaign Finance Reform Act of 2001 that would have required TV broadcast companies to provide free airtime to candidates. Cronkite criticized the present system of campaign finance which allows elections to "be purchased" by special interests, and he noted that all the European democracies "provide their candidates with extensive free airtime." "In fact," Cronkite pointed out, "of all the major nations worldwide that profess to have democracies, only seven – just seven – do not offer free airtime" This put the United States on a list with Ecuador, Honduras, Malaysia, Taiwan, Tanzania, and Trinidad and Tobago.