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C. 'Considered' is not followed by 'to be'/'as', whereas 'regarded' is followed by 'as'
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(A) regards President Obama to be a spendthrift rather than
(B) regards President Obama as being a spendthrift instead of
(C) considers President Obama a spendthrift rather than
(D) considers President Obama to be a spendthrift instead of
(E) considers President Obama as being a spendthrift rather than

Split 1
"Instead of" vs "rather than":
"Rather than": Compare verbs
"instead of" : compare nouns. Can be replaced with "in place of"
- B & D eliminated

Between A,C & E
(A) regards President Obama to be a spendthrift rather than
(C) considers President Obama a spendthrift rather than
(E) considers President Obama as being a spendthrift rather than

Sentence continues with ..a financial planner.
considers/regards President Obama a XXX rather than a...
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