What’s the deal with book deals? President Obama apparently signed a book deal before he entered office, according to this Washington Times report.
The terms of the book deal were disclosed in a Senate financial disclosure report filed Tuesday.
Analysts say there don’t appear to be any rules that would bar such transactions after a president takes office, but it’s unclear whether an incoming or sitting president has ever signed a book deal upon entering the White House.
“I don’t recall any sitting president entering into a book deal,” said campaign finance lawyer Jan Baran, former general counsel to the Republican National Committee. “They all have historically done that after they leave office.
“I recall the only ones who did sign book deals while living there were first ladies, and my recollection is they gave it to charity.”