January 21, 2001: Bush Administration Takes Over; Many Have Oil Industry Connections

The Chevron oil tanker named after National Security Advisor Rice. [Source: ABC News]George W. Bush is inaugurated as the 43rd US President, replacing Bill Clinton. The only Cabinet-level figure to remain permanently in office is CIA Director Tenet, appointed in 1997 and reputedly a long-time friend of George H. W. Bush. FBI Director Louis Freeh stays on until June 2001. Numerous figures in Bush’s administration have been directly employed in the oil industry, including Bush, Vice President Cheney, and National Security Adviser Rice. Rice had been on Chevron’s Board of Directors since 1991, and even had a Chevron oil tanker named after her. [Salon, 11/19/2001] It is later revealed that Cheney is still being paid up to $1 million a year in “deferred payments” from Halliburton, the oil company he headed. [Guardian, 3/12/2003] Enron’s ties also reach deep into the administration. [Washington Post, 1/18/2002]