The English word "Fiduciary" comes from the Latin fides (faith) and fiducia (trust). (Wikipedia).
A fiduciary has engaged in a
relationship with his/her client that includes a trust and obligation (duty) to
act only in that client’s best interests – without gain or benefit to the
fiduciary. ![]()
Under the US Governmental structure: We, the citizens of the USA
By virtue of being elected – and hence having our trust placed in him/her, he/she is obligated to use an ethic of duty and care on our behalf in all his/her official actions. Period.
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