February 8 – After a record 84 days in orbit, the crew of Skylab 4 returns to Earth.
February 12 – U.S. District Court Judge Geoerge Boldt rules that Native American tribes in Washington state are entitled to half of the legal salmon and steelhead catches, based on treaties signed by the tribes and the U.S. government.
February 22 – Samuel Byck attempts to hijack an airplane with the intent to crash it into the White House and assassinate President Nixon. He commits suicide when police stormed the plane.
March
March 1 – Watergate scandal: Seven former White House officials are indicted for their role in the Watergate break-in and charged with conspiracy to obstruct justice.
April 3 – The 1974 Super Outbreak, the second-largest series of tornadoes in history, hits 13 U.S. states and one Canadian province. By the time the last of 148 tornadoes hit early the following morning, 315 die and over 5,000 are injured.
July 14 – In Issaquah, Washington, serial killer Ted Bundy abducts Janice Ott and Denise Naslund in broad daylight at Lake Sammamish State Park.
July 15 – Christine Chubbuck, television presenter for WXLT-TVSarasota, Florida, draws a revolver and shoots herself in the head during a live broadcast. She dies in a hospital 14 hours later, the first person to commit suicide on live television.
July 27–30 – Watergate scandal: The House of Representatives Judiciary Committee adopts 3 articles of impeachment, charging President Nixon with obstruction of justice, failure to uphold laws, and refusal to produce material subpoenaed by the committee.
August
August 9: Richard Nixon resigns as President of the United StatesAugust 9: President Gerald Ford is sworn inNixon Oval Office meeting with H.R. Haldeman "Smoking Gun" Conversation June 23, 1972 Full Transcript
August 8 – Watergate scandal: President Nixon announces his resignation (effective August 9).[2]
August 9 – Richard Nixon becomes the first President of the United States to resign from office, an action taken to avoid being removed by impeachment and conviction in response to his role in the Watergate scandal. Vice PresidentGerald R. Ford becomes the 38th President upon Nixon's resignation, taking the oath of office in the East Room of the White House.
October 8 – Franklin National Bank collapses due to fraud and mismanagement (the largest bank failure at that time in the history of the United States).
October 15 – U.S. President Gerald Ford signs a federal campaign reform bill, which sets new regulations in the wake of the Watergate scandal.
Volkswagen's Golfautomobile (known in the US as the Rabbit) first enters production, as the replacement for well-loved but antiquated Beetle. VW goes on to sell more than 22 million Golfs, and the model, now in its 5th generation, is still in full-scale production as of 2008[update].