Maurice Stans

Maurice Hubert Stans (born 22 March 1908 in Shakopee, Minnesota, † April 14, 1998 in Pasadena, California ) was an American politician of the Republican Party, which in the Cabinet of President Richard Nixon the post of Minister of Commerce ( Secretary of Commerce ) held. He also belonged to the circle of those involved in the Watergate affair people.

Professional history and public offices

Maurice Stans visited 1925-1930 evening classes at Northwestern University and Columbia University, but remained there without a degree. For this he received the 1931 approval as a Certified Public Accountant ( CPA) for the states of New York and Ohio. From 1940 he was a member of the management board of a company for accounting in Chicago.

1955 took over Stans first time a government official when he ( Deputy Postmaster General ), was deputy under President Dwight D. Eisenhower U.S. Postmaster General which he remained until 1957. He transferred as deputy director in the Bureau of the Budget, a sub- agency of the Treasury; In 1958 he took over its management. After the electoral defeat of the Republicans in the 1960 presidential election Stans retired the following year from the government.

There followed a period in the banking industry. Stan was president and director of Western Bancorporation in Los Angeles, Vice Chairman and Director of United California Bank and finally president of an investment bank.

Member of the Nixon Administration

In the run up to the presidential elections in 1968 brought him Richard Nixon to his staff. Stan took over the Presidency of the Nixon for President committee and was named after the election victory of Republican Minister of Commerce in the Cabinet Nixon. In 1972 he resigned this office to be the financial head of the Committee for the Re-election of the President.

In connection with the Watergate scandal, he also came under suspicion of having participated in illegal activities. Donations, which he had collected for the election campaign, was used to fund this. Stans was indicted in 1973 for perjury and obstruction of justice, but acquitted of all charges in the following year. However, he pleaded guilty to five laws violated campaign finance, and paid a fine of $ 5,000. Until his death in Stans has asserted, to have had no knowledge of the Watergate crimes.

Stans was later fundraisers for the presidential library of Richard Nixon in Yorba Linda. He died in 1998 at the age of 90 years to a heart attack.

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