| − | When Republican and [[conservative]] icon [[Barry Goldwater]] retired from the United States Senate in Arizona in 1986, Congressman McCain announced his candidacy for the seat. He easily won the election, defeating his Democratic opponent Richard Kimball, by 20 percentage points. When entering the Senate, he became a member of the powerful Armed Services Committee, and he also joined the Commerce Committee and the Indian Affairs Committee. During the 1988 Presidential Election, McCain was named chairman of Veterans for Bush. In 1991, Senator McCain became part of the "Keating Five" scandal, were McCain and four other Senators (all Democrats) were accused of improperly aiding Charles H. Keating, Jr., chairman of the failed Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board. Between 1982 and 1987, McCain had received approximately $112,000 in political contributions from Charles Keating Jr. After a lengthy investigation, the Senate Ethics Committee determined that McCain was only minimally involved, and McCain (and the four other Senators) were not charged with any crimes. | + | When Republican and [[conservative]] icon [[Barry Goldwater]] retired from the United States Senate in Arizona in 1986, Congressman McCain announced his candidacy for the seat. He easily won the election, defeating his Democratic opponent Richard Kimball, by 20 percentage points. When entering the Senate, he became a member of the powerful Armed Services Committee, and he also joined the Commerce Committee and the Indian Affairs Committee. During the 1988 Presidential Election, McCain was named chairman of Veterans for Bush. In 1991, Senator McCain became part of the "Keating Five" scandal, where McCain and four other Senators (all Democrats) were accused of improperly aiding Charles H. Keating, Jr., chairman of the failed Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board. Between 1982 and 1987, McCain had received approximately $112,000 in political contributions from Charles Keating Jr. After a lengthy investigation, the Senate Ethics Committee determined that McCain was only minimally involved, and McCain (and the four other Senators) were not charged with any crimes. |