NBC Evening News for Saturday, May 27, 1989
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(Studio: Maria Shriver) Report introduced.
(DC: Henry Champ) Resignation of Democrat whip Representative Tony Coelho due to investigation of his fins. by Justice Department and House of Representatives Ethics Committee featured; details given of allegation that savings and loan executive Thomas Beagle financed Coelho's purchase of junk bond. [Representatives William GRAY, Charles RANGEL - comment on Coelho's resignation.] Likely resignation of Democrat speaker Representative Jim Wright and probable replacement by Representative Thomas Foley as speaker and possibly Representative Richard Gephardt as whip noted. [Representative Newt GINGRICH - says three or four more Democrats may resign.] [Representative Beryl ANTHONY - comments on investigation of Gingrich's own fins.]
(Studio: Maria Shriver; DC: Henry Champ) Impact of resignation of Coelho on the state of ethics in Congress mentioned.