As the Watergate scandal developed in 1973, Albert, as speaker, referred some two dozen impeachment resolutions to the House Judiciary Committee for debate and study. Also in 1973, he appointed Felda Looper as the first female House page.
In 1973, during Albert's second term as Speaker and Nixon's second term as president, Vice President Spiro Agnew was investigated for tax evasion and money laundering for a series of bribes he took while he was governor of Maryland. Agnew resigned as vice president and eventually pleaded nolo contendere to the charges. This event put Albert next in line to assume the presidency should that office have become vacant.
Under the provisions of the Twenty-fifth Amendment to the United States Constitution, Nixon nominated Republican House Minority Leader Gerald R. Ford to succeed Agnew as vice president in October 1973. As the Watergate scandal began to unfold and the impeachment process against Nixon began, it quickly became apparent that if Nixon resigned or was removed from office before Ford was confirmed by both houses, Albert would become acting president under the Presidential Succession Act of 1947. Albert would have been forced to resign from the office of Speaker as well as the House.
This was the first occasion since the Twenty-fifth Amendment's ratification when it was possible for a member of one party to assume the presidency after a member of the opposing party vacated the office. As speaker of the House, Albert presided over the only body with the authority to impeach Nixon and had the ability to prevent any vice presidential confirmation vote from taking place in the House. This meant Albert could have maneuvered to make himself acting president. Ted Sorensen prepared a contingency plan for Albert that outlined the steps Albert would have taken had he assumed the presidency. The vice presidency was vacant for about seven weeks; Ford was confirmed and sworn in December 1973.