January 31, 1995 - U.S. President B

January 31, 1995 - U.S. President Bill Clinton invokes emergency powers to extend a $20 billion loan to Mexico to avert a financial disaster that had begun on December 19, 1994 during a planned exchange rate correction between the Mexican peso and American dollar.

April 19, 1995 - Anarchists Timothy McVeigh and Terry Nichols explode a bomb outside the Murrah Federal Building in Oklahoma City, killing one hundred and sixty-eight people in a domestic terrorism attack.

May 11, 1995 - One hundred and seventy nations decide to extend the Nuclear Non-proliferation Treaty indefinitely.

June 29, 1995 - For the first time, the Space Shuttle Atlantis docks with the Russian space station Mir.

July 27, 1995 - The Korean War Memorial in Washington, D.C. is dedicated in ceremonies presided by President Bill Clinton and South Korean President Kim Yong-sam.

1996
June 25, 1996 - The Khobar Towers bombing in Khobar, Saudi Arabia kills nineteen U.S. military personnel, destroying the majority of a six building apartment complex that was home to the 440th Fighter Wing. It was carried out by Islamic terrorists seeking removal of the U.S. presence in Saudi Arabia.

July 5, 1996 - At the Roslin Institute in Scotland, Dolly, the sheep, becomes the first mammal to be cloned. This begins a rampant debate on the ethics of the procedure in animals and the viability and morality of cloning in human beings.

July 19, 1996 - The Summer Olympics Games are opened in Atlanta, Geogia by U.S. President Bill Clinton. The games are positively known for the achievements of American track and field athlete Michael Johnson, who won both the 200 and 400 meter races, setting a new World Record in the 200, and for the victory of the American women's gymnastics team. These games would be marred, however, by the Centennial Park bombing of Olympic tourists on July 27, which killed one person and injured one hundred and eleven.

November 5, 1996 - President William J. Clinton defeats Republican Presidential candidate Bob Dole, as well as the second run of businessman Ross Perot. Clinton gained 49.2% of the popular vote, and increased his total in the Electoral College to 379. Dole gained 40.7% of the popular tally and 159 in the Electoral College. Perot's influence on this race was marginal compared to 1992, receiving only 8.4% of the vote in 1996.

December 5, 1996 - A speech by the Federal Reserve Board Chairman Alan Greenspan suggests that irrational exuberance may be causing the extraordinary runup of stock prices.