1947President Harry Truman signed the Presidential Succession Act, which placed the Speaker of the House of Representatives and the Senate President Pro Tempore next in the line of succession after the Vice President.2013The city of Detroit, Mich., with up to $20 billion in debt, filed for Chapter 9 bankruptcy, becoming the largest municipal bankruptcy in U.S. history. In 2014, after a two-month trial, the bankruptcy court …