Panelists discussed what President Richard Nixon did during his presidency to shift power from the federal government to state and local governments. Video clips were shown of the August 8, 1969, speech in which President Nixon called for a policy of New Federalism, and of the October 20, 1972, ceremony as President Nixon signed into law the General Revenue Sharing Bill. The panel was made up of Nixon administration officials who were involved in implementing the policies. They showed slides during their presentations, including a March 1973 audio tape of President Nixon. Professor Warshaw moderated.

"New Federalism: Returning Power to the People" was a Nixon Legacy Forum held on the 42nd anniversary of President Nixon's prime time address announcing his domestic policy.