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Chapter 07 #10

d) Credit Mobilier Scandal

The Credit Mobilier Scandal was a major event that shook President Ulysses S. Grant’s tenure during the Gilded Age. Revealed in 1872, the scandal involved the Credit Mobilier company, which had been formed by Union Pacific Railroad insiders. It was exposed that company officials had been bribing high-ranking members of Congress and the Grant administration to avoid investigation into their financial misdeeds. This scandal highlighted the widespread corruption in the post-Civil War era and significantly tarnished Grant’s presidency.