Stef W. Kight May 27
The wildest gifts given to U.S. presidents
As Trump experienced this week, part of the perks of being POTUS include lavish gifts from foreign leaders. Unfortunately, presidents don't get to just keep those gifts.
- The rules: In 1966, Congress instated a rule that prevents the president, from accepting gifts worth more than a certain amount from foreign governments. As of 2014, that amount is $375. Gifts worth more than that go to the National Archives.
- The catch: The president or any diplomats are able to keep gifts worth more than $375 if they pay the market price for it, which is rarely done, although Hillary Clinton paid $970 for a black pearl necklace given to her by the Myanmar opposition leader. With Trump being the richest U.S. president yet, he could easily afford to buy some of the foreign gifts presented to him if he chooses to.
- The most extravagant giver: Saudi Arabia by far has given the most costly gifts, sometimes costing more than half a million dollars.