section_path: Presidency (1977–1981)/Allegations and investigations
section_name: Allegations and investigations
paragraph_text: Allegations and investigations
  
  On September 21, 1977, the Carter administration's OMB director Bert Lance resigned amid allegations of improper banking activities before his tenure. United States Attorney General Griffin Bell appointed Paul J. Curran as a special counsel to investigate loans made to the peanut business Carter owned by a bank controlled by Lance, and Carter became the first sitting president to testify under oath as part of an investigation of him. In October 1979, Curran announced that no evidence had been found to support allegations that funds loaned from the National Bank of Georgia had been diverted to Carter's 1976 presidential campaign, ending the investigation.
  
  On September 21, 1977, the Carter administration's OMB director Bert Lance resigned amid allegations of improper banking activities before his tenure. United States Attorney General Griffin Bell appointed Paul J. Curran as a special counsel to investigate loans made to the peanut business Carter owned by a bank controlled by Lance, and Carter became the first sitting president to testify under oath as part of an investigation of him. In October 1979, Curran announced that no evidence had been found to support allegations that funds loaned from the National Bank of Georgia had been diverted to Carter's 1976 presidential campaign, ending the investigation.