Spiro Agnew division and uncertainty, and applauding Agnew for his patriotism and dedication to the welfare of the United States. House Minority Leader Gerald Ford, who would be Agnew's successor as vice president (and Nixon's as president) recalled that he heard the news while on the House floor and his first reaction was disbelief, his second sadness. Soon after his resignation, Agnew moved to his summer home at Ocean City. To cover urgent tax and legal bills, and living expenses, he borrowed $200,000 from his friend Frank Sinatra. He had hoped he could resume a career as a lawyer, but in 1974,
Spiro Agnew a press conference at which he called the stories "damned lies". Nixon, at a meeting on August 7, assured Agnew of his complete confidence, but Haig visited Agnew at his office and suggested that if the charges could be sustained, Agnew might want to take action prior to his indictment. By this time, the Watergate investigation that would lead to Nixon's resignation was well advanced, and for the next two months, fresh revelations in each scandal were almost daily fare in the newspapers. Under increasing pressure to resign, Agnew took the position that a sitting vice president could not be