Definition
"Teapot Dome" refers to a major bribery scandal that occurred in the United States in the early 1920s. It involved Secretary of the Interior Albert Fall, who leased government-owned oil reserves at Teapot Dome, Wyoming, and Elk Hills, California, to private oil companies in exchange for bribes. 💰 Unlike a minor ethical lapse, Teapot Dome involved high-ranking officials abusing their power for personal gain. Think of it as a betrayal of public trust. Teapot Dome became synonymous with political corruption.