It is stated too that he was offered, but refused, the lord treasurership. On the 17th of November 1672, however, he became lord chancellor, Bridgman having been compelled to resign the seat.
In March 1679 a new parliament hostile to Danby was returned, and he was forced to resign the treasurership; but he received a pardon from the king under the Great Seal, and a warrant for a marquessate.
He was, however, still greatly disliked by the Whigs, and William, instead of reinstating him in the lord treasurership, only appointed him president of the council in February 1689.
When peace was made, Edward summoned him again as a baron and gave him the Garter and the treasurership of his household.
But now the queen's sudden death on the 1st of August, and the appointment of Shrewsbury to the lord treasurership, instantly changed the whole scene and ruined Bolingbroke.