Answer:
President Nixon's argument in the "excerpt from President Richard . Nixon's News Conference: The president's Personal Finances" was about his need to show to the American his transparency regarding to Watergate scandal and the controversy generated and that surrounds it.
The news conference started after his acknowledgement of the resignation of the secretary of state and the appointment of Henry Kissinger as the new secretary of state. He also allowed the press to ask him questions which he tried his possible best to answer to.
Explanation: