Comparing Conflicts of Interest of Presidents Carter and Trump

Comparing Conflicts of Interest of Presidents Carter and Trump} In 1977, President Jimmy Carter voluntarily divested himself from his family peanut farm, selling it in an effort to avoid any potential conflicts of interest.

He implemented a blind trust before he was even inaugurated.

This entailed entrusting the asset’s management to an independent third-party individual or entity, while still maintaining ownership of the asset.

President Trump, on the other hand, benefited financially from his private business interests throughout his presidential term, the post-tax figure reportedly amounting to some $2.4 billion.

This stark contrast between the two presidents’ approach to potential conflicts of interest underlines the importance of a president being impartial in the performance of their duties.

Carter understood the importance of upholding ethical standards and enduring financial integrity, while Trump chose to maintain a personally profitable presence while in office.

While it cannot be confirmed whether Trump had made any decisions out of personal gain, it is clear from these examples that each president had their own method of dealing with potential conflicts of interest during their tenure.

Credit: https://www.usatoday.com/story/news/factcheck/2023/02/24/fact-check-jimmy-carter-put-peanut-farm-blind-trust-during-term-president/11340029002/

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