Interview with Donald W. Riegle, Jr. by Brien Williams

Biographial Note

Don Riegle was born in Flint Michigan in 1938. He received his undergraduate degree from the University of Michigan-Flint in 1960, his M.B.A. from Michigan State University in 1961 and attended Harvard Business School. He worked for IBM from 1961 to 1964 and has taught at Michigan State University, Boston University, University of Southern California, and Harvard University. He served five terms in Congress and three in Senate as a representative from Michigan. He was one of the Keating Five, US Senators accused of corruption in 1989. From 1989 to 1995 he served as Chairman of the Senate Banking Committee. In 1995 he began working for Shandwick International in Washington, D.C.

Summary

Interview includes discussion of: why Riegle changed parties in 1973 (from Republican to Democrat); Phil Hart who succeeded Riegle in 1976; Riegle’s 1976 Senate campaign; the Senate class if 1976; Riegle’s interactions with Ed Muskie; the attitude when Mitchell replaced Muskie; Mitchell’s rise to majority leader; Senator Byrd; George H.W. Bush’s presidency; Mitchell’s partisanship; Riegle and Mitchell’s big issues and crossover; the Banking Committee and the Finance Committee; Clinton’s presidency; the Keating Five; and McCain’s role in the Keating Five.

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