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Active in The Church of Jesus Christ of Latter-day Saints (LDS Church) throughout his adult life, he served as the bishop of his ward (head of his local congregation) and then as stake president in his home area near Boston. After losing to longtime incumbent Ted Kennedy, he resumed his position at Bain Capital.
After stepping down from Bain Capital and his local leadership role in the LDS Church, Romney ran as the Republican candidate in the 1994 Massachusetts election for U. Years later, a successful stint as President and CEO of the then-struggling Salt Lake Organizing Committee for the 2002 Winter Olympics led to a relaunch of his political career.
He got Bain and other initial owners who had removed excessive amounts of money from the firm to return substantial amounts, and persuaded creditors, including the Federal Deposit Insurance Corporation, to accept less than full payment.
During that time, Ampad workers went on strike and asked Romney to intervene.
Romney was the Republican Party's nominee for President of the United States in the 2012 election.
He won the 2012 Republican presidential nomination, becoming the first Mormon to be the presidential nominee of a major party.
It provided near-universal health insurance access through state-level subsidies and individual mandates to purchase insurance.Romney set up a system in which any partner could veto one of these potential opportunities, and he personally saw so many weaknesses that few venture capital investments were approved in the initial two years.The firm's first significant success was a 1986 investment to help start Staples Inc., after founder Thomas G.George was now serving in President Richard Nixon's cabinet as United States Secretary of Housing and Urban Development. military draft for the Vietnam War, Romney sought and received two 2-S student deferments, then a 4-D ministerial deferment while living in France as a Mormon missionary.In a June 1970 newspaper profile of children of cabinet members, Mitt said that U. involvement in the war had been misguided – "If it wasn't a political blunder to move into Vietnam, I don't know what is" – but supported Nixon's ongoing Cambodian Incursion as a sincere attempt to bring the war to a conclusion. He later sought and received two additional student deferments.