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If you want to make a spectrum of it sure, but the fact remains the more cognative function declines, the easier it is for bad actors to take advantage of them. Scammers target old people for the same reason, they're more vulnerable.
I mean, like, structurally. The office of the president is not one that a person can occupy without becoming beholden to lobbyists.
Thats more a function of the economic system that creates people who have enough money to do that than the office itself. Regardless the above point still stands, it's still easier to trick and take advantage of older people suffering mental decline.
I think lobbyists don't pose all that much of a challenge. Americans are just used to corruption being ingrained in the political regime, but that's due to the moral failings of so many of your elected officials.
It is, however, a lot of power in one chair - in the end of the day you need to trust your advisers and cabinet. If you lack experience in the job even more so. And if they are not competent and aligned with your interests, they might fall for lobbyism more easily.