At the time, presidential records were still legally considered a president’s private property. Nixon could donate them to the National Archives, but the archives could not demand them—and Nixon didn’t think Congress could either. Rather than face impeachment, Nixon resigned in 1974 and threatened to destroy the tapes.
As a stopgap measure, Congress passed the Presidential Recordings and Materials Preservation Act of 1974 to seize Nixon records pertaining to Watergate and government abuse and preserve them in the National Archives. The government obtained most of the recordings, though it never discovered what had been on one of the tape’s famous 18-and-a-half-minute gap.
Four years later, Congress passed the broader Presidential Records Act that required every president to archive official records (the 1974 act only applied to Nixon). The new act went into effect in 1981, when Ronald Reagan began his term.
Crucially, the 1978 act established that presidential records are not a president’s private property; they are public property that belongs to the government. In 2014, Congress updated the act to include electronic records like email and Twitter, the latter of which President Donald Trump regularly used to make public announcements about firings, policy and foreign relations before being banned from the service.