A hot topic today is that of foreign gifts to US Presidents. "If there were only a law..." Well, the good news is there is a law and there is a process and a custom of gift giving and gift receiving between heads of state and nations.
In the United States, foreign gifts to United States Presidents are governed by 10 CFR part 1050 "Foreign Gifts and Decorations." You can review the text of these regulations by clicking here.
The summary of the regulations is that a foreign gift of value greater than $350 are received by the White House Gifts Unit and then transferred to the National Archives Records Administration for long-term storage or display at Presidential Libraries. The National Archives Foundation has a helpful summary of the process available for review by clicking here.
So, now you know....
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