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
Suitcase scandal Suitcase scandal The maletinazo, valijagate, or "suitcase scandal" was a 2007 scandal involving Venezuela and Argentina, souring friendship between the countries. The scandal began when , a Venezuelan-US entrepreneur, arrived in Argentina on a private flight, hired by Argentine and Venezuelan state officials, carrying US$800,000 in cash which he failed to declare. Venezuela had enacted strict foreign currency controls in 2003. CADIVI, the commission established by the Venezuelan government to regulate currency, prohibits taking more than US$10,000 in cash out of the country without declaring the money. Individual Venezuelans could only take US$500 or €400 cash out of the country