Teapot Dome scandal Teapot Dome was regarded as the "greatest and most sensational scandal in the history of American politics". It damaged the reputation of the Harding administration, which was already severely diminished by its controversial handling of the Great Railroad Strike of 1922 and Harding's veto of the Bonus Bill in 1922. In the early 20th century, the U.S. Navy largely converted from coal to fuel oil. To ensure that the Navy would always have enough fuel available, several oil-producing areas were designated as naval oil reserves by President Taft. In 1921, President Harding issued an executive order that transferred control of
Danske Bank money laundering scandal Danske Bank money laundering scandal The Danske Bank money laundering scandal refers to the ongoing investigations and media attention on the Copenhagen-based Danske Bank's involvement in suspicious transactions by non-resident accounts between 2007–2015. It has been claimed to possibly be the largest money laundering scandal in the world. The total amount of suspicious funds has been quoted by sources as having been either $30 billion US dollars, $130 billion US dollars or up to $230 billion US dollars. The investigation is currently ongoing. Danske Bank is the largest bank in Denmark. The bank's local branch in Estonia, which was under