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Kristi NoemDeparted 2026-03-01

Secretary of Homeland Security · Department of Homeland Security · Sworn in: Trump II · 2025-01-25
No longer in this position. Page preserved for forensic continuity (data and disclosure URLs remain accurate as of departure). Recently-departed officials stay listed here for one year after they leave.
Conflict-of-interest analysis derived from 2 OGE financial disclosures (Form 278/278-T), parsed into 42 assets, 1 transactions, and 2 outside positions. Every line item below cites a primary federal source.
OGE filings
2
Assets disclosed
42
Transactions
1
Liabilities
5

Conflict-of-Interest · 4-Vector Breakdown

Four ways political pressure can flow at the executive-branch level, scored independently from primary public records.

📈 Vector 1 · Personal Holdings disclosed assets
Kristi Noem has disclosed 42 assets across 2 OGE filings. Total declared value range: $2.9M – $7.4M.
Filings2
Assets42
Positions held2
💼 Vector 2 · Outside Positions & Income board seats, consulting
Disclosed 2 outside positions on OGE filings — board seats, advisory roles, and consulting agreements.
First 5 positions
State of South Dakota
Ashwood Strategies, LLC
🏛 Vector 3 · Government Action Conflict department-aligned deals
No federal equity stakes, loans, or grants tracked under Department of Homeland Security in our database yet.
Vector 4 · Reported Transactions 278-T disclosures
1 reported transactions on file across all OGE 278/278-T filings.
DateAssetTypeRange
2025-07-01 Granite Falls Energy LLC sale $50,001 - $100,000

Top Disclosed Holdings · 2 duplicate rows collapsed across filings

Top 13 unique assets across 2 OGE filings. When the same asset appears in multiple years, we show the highest reported value bracket and tag the row with a × filing count. Holdings reported in valuation brackets per OGE convention.

AssetTypeValue bracketIncomeFlags
Noem Insurance, LLC LLC interest $1,000,001 - $5,000,000 Salary, LLC distribution
Pasture land in Castlewood, S.D. real estate $250,001 - $500,000 Rent or Royalties
Noem Properties, LLC LLC interest $250,001 - $500,000 Rent or Royalties
U.S. bank #2 cash $100,001 - $250,000
Loan to Studio Seven, LLC loan receivable $50,001 - $100,000
Livestock and equipment livestock $50,001 - $100,000
South Dakota Retirement System - Defined Benefit Plan retirement plan $50,001-$100,000 none
AFMBX · American Balanced Fund Class F3 Shares mutual fund $15,001-$50,000 none
TRAIX · T Rowe Price Capital Appreciation Fund Class I Shares × 2 filings mutual fund $15,001-$50,000 none
VDC · Vanguard Consumer Staples Index Fund ETF Shares × 2 filings ETF $15,001 - $50,000 none
VIG · Vanguard Dividend Appreciation Index Fund ETF Class Shares ETF $15,001-$50,000 none
VOO · Vanguard S&P 500 ETF ETF $15,001-$50,000 none
VEIRX · Vanguard Equity Income Fund Admiral Shares mutual fund $15,001-$50,000 none

Top Reported Liabilities

DescriptionValue bracket
Dacotah Bank See Endnote Business loan $250,001 - $500,000
CorTrust Bank See Endnote Mortgage on Personal Residence $100,001 - $250,000
Bryant State Bank See Endnote Mortgage on commercial property $50,001 - $100,000
Reliabank See Endnote Business loan Over $1,000,000
Reliabank See Endnote Mortgage on commercial property Over $1,000,000
Forensic Timeline
View Kristi Noem's year-by-year financial timeline →
2 filings · all line items grouped by year, with sector flags and federal-action overlays.
Sources: U.S. Office of Government Ethics (OGE) Form 278 / 278-T disclosures · government_equity_stakes derived from press releases and SEC 8-K filings. Every figure above traces to a primary federal record. · Latest filing: https://www.documentcloud.org/documents/26101370-kristi-noem-07232025-278t/
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Composite conflict score · scandal-vector flags · government-action timeline · per-asset matched conflicts · all coming online for Pro members.
Holdings sourced from U.S. Office of Government Ethics · public-record financial disclosures. Government equity stakes sourced from agency press releases and SEC filings. GovGreed aggregates primary records; we don't editorialize. Not affiliated with the U.S. Government. Not financial advice. [live render]