blind trust
noun
: an arrangement in which the financial holdings of a person in an influential position are placed in the control of a fiduciary in order to avoid a possible conflict of interest
Examples of blind trust in a Sentence
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His investments and business assets will be held in a trust managed by his children rather than a blind trust, similar to the arrangement during Trump’s first term.
—
Brett Samuels, The Hill, 10 Jan. 2025
Post-presidency After his defeat to Reagan in 1980, the Carters returned to Plains and the family peanut business, which had been run into debt while in a blind trust during his presidency.
—Jacob Knutson, Axios, 29 Dec. 2024
The governor’s bill also includes $1.5 million for franchise tax refunds for businesses who have recently paid based on property tax, which could include the Lee Company, which the governor helped lead for decades and still owns in a blind trust.
—Vivian Jones, The Tennessean, 19 Mar. 2024
Meanwhile, in September 2022, Democratic Representative Abigail Spanberger slammed Pelosi for her apparent inaction on legislation that would require lawmakers' investment assets to be placed in a blind trust.
—Dan Perry, Newsweek, 18 Dec. 2024
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Brett Samuels, The Hill, 10 Jan. 2025
Post-presidency After his defeat to Reagan in 1980, the Carters returned to Plains and the family peanut business, which had been run into debt while in a blind trust during his presidency.
—Jacob Knutson, Axios, 29 Dec. 2024
The governor’s bill also includes $1.5 million for franchise tax refunds for businesses who have recently paid based on property tax, which could include the Lee Company, which the governor helped lead for decades and still owns in a blind trust.
—Vivian Jones, The Tennessean, 19 Mar. 2024
Meanwhile, in September 2022, Democratic Representative Abigail Spanberger slammed Pelosi for her apparent inaction on legislation that would require lawmakers' investment assets to be placed in a blind trust.
—Dan Perry, Newsweek, 18 Dec. 2024
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“Blind trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blind%20trust. Accessed 21 Jan. 2025.
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