The Trump Cabinet’s Money: Net Worth, Stocks & Federal Deals
The richest Cabinet in modern American history, by the numbers it had to disclose. Every official ranked by
disclosed assets, who is actively trading stocks while in office, and the
$25.5 billion the federal government itself has put into public companies. Straight from
OGE Form 278 financial disclosures — we show the money and the source, you draw the conclusions.
Source: OGE Form 278 financial disclosures + SEC filingsCoverage: 2024–2026Published:
$3B+
Disclosed Cabinet Assets
floor · 24 officials
$25.5B
Federal Equity Stakes
7 deals · gov as shareholder
916
Trump Transactions
Q1 2026 alone
$1.65B+
Trump Disclosed Assets
floor · est. $2.6B–$7.4B
The Players
What the Cabinet Has to Disclose — and Why It’s a Floor
Every senior executive-branch official files an OGE Form 278: an annual snapshot of their assets
and, when they trade, a 278-T periodic transaction report — the executive-branch equivalent
of the STOCK Act disclosures Congress files. We parsed those filings into asset value ranges and individual trades.
Every dollar figure here is a conservative floor. OGE reports assets in ranges, and the
highest bracket — “over $50,000,000” — has no upper bound. So when we add up an official’s
disclosed assets we count the minimum of each range. The real numbers are higher. We rank by this
floor because it can never overstate — it’s the most that’s provable from the filing itself.
The Ledger
Every Cabinet Official, Ranked by Disclosed Wealth
This table is live from parsed OGE filings — search a name, or read it top to bottom. The
conflict flags mark how many of each official’s disclosed holdings fall in
sectors GovGreed tags as sensitive (defense, crypto, critical minerals). The contrast at the bottom is the story:
the Secretary of State discloses under a quarter-million dollars while the president discloses
well over a billion.
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The Traders
Who Actually Trades in Office
Holding assets is one thing; trading them while running the government is another. These officials
filed OGE 278-T periodic transaction reports — meaning they bought or sold securities during their tenure.
President Trump leads by a wide margin, but the more pointed entries are the secretaries trading in the exact
sectors they now oversee.
What this showsPeriodic transactions (OGE 278-T) per official, with disclosed dollar floor and the tickers involved. Trump’s transactions run through managed accounts concentrated in index ETFs; Energy Secretary Chris Wright’s 124 transactions cluster in oil, gas and mining names.
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Three trading records stand out.Chris Wright, the Energy Secretary, disclosed 124
transactions in oil, gas and mining companies (CVX, EQT, ET, FCX and more). Howard Lutnick, the
Commerce Secretary, moved roughly $360M including his own former firms BGC and Newmark (NMRK). Kelly
Loeffler, the SBA Administrator, traded around $104M including ICE — the exchange operator her husband
chairs. GovGreed takes no position on whether any of this is improper; it simply puts the office and the portfolio
in the same row.
The Government as Shareholder
When Washington Buys the Stock Itself
The newest money story isn’t a personal holding at all — it’s the federal government taking
direct equity, loans and grants in public companies. Roughly $25.5 billion across
the deals below, from CHIPS Act awards to a Defense Department equity stake in a rare-earth miner. Where we have
prices, we show how the stock reacted in the 30 days after the announcement.
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The Overlaps
Where the Portfolio Meets the Portfolio
Pull the two halves together and the overlaps surface on their own. These are disclosed facts, side by side —
an official’s department on the left, what their own filing shows on the right. We assert no wrongdoing; we
assemble what was already public.
Official
Oversees
What the filing shows
Donald J. Trump
The entire executive branch
2,618 disclosed assets including 19 defense5 crypto2 critical-mineral holdings; 916 transactions in Q1 2026.
Chris Wright
Department of Energy
124 disclosed transactions concentrated in oil, gas and mining companies he now regulates.
Howard Lutnick
Department of Commerce (CHIPS, export controls)
~$360M in transactions including his former firms BGC & Newmark; oversees the agency cutting CHIPS deals.
Kelly Loeffler
Small Business Administration
~$104M in transactions including ICE, the exchange operator her husband chairs.
Scott Bessent
Department of the Treasury
Est. $700M–$1B+ in assets (Key Square Group); publicly backs a stock-trading ban — for Congress, not the executive branch.
The president and vice president are exempt from the criminal conflict-of-interest statute
(18 U.S.C. § 208) that bars every other executive-branch employee from acting on matters where they hold a
financial stake. The STOCK Act requires them to disclose — it does not require them to divest.
The Method
How We Count It
Every figure aggregates parsed OGE Form 278 filings. Net-worth rankings sum the
minimum of each asset’s disclosed range (a floor, because the top “over $50M”
bracket is open-ended). Trading activity is counted from 278-T periodic transaction reports.
Federal equity stakes come from agency announcements and SEC filings. Officials are matched across filing
spellings so each person appears once, using their most complete annual disclosure.
Scope & caveats. Coverage is limited to the 24 Cabinet-level officials with parsed OGE filings;
more are being added as filings are released. Asset ranges are disclosed by the filer, not market-valued by us. A
handful of officials filed only annual snapshots (no transactions), so an empty trading row means “no 278-T on
file,” not “no trades.” Sector flags are automated tags for review, not findings.
Follow the money — Congress and the Cabinet
GovGreed is the only place that puts congressional trades, executive-branch disclosures, and the government’s own equity deals in one ledger. See who funds and trades around the people who write the rules, free.
By disclosed assets, at least $3 billion across the 24 Cabinet-level officials with parsed OGE filings — a conservative floor, because the top OGE bracket (“over $50M”) has no ceiling. President Trump alone discloses at least $1.65 billion; outside estimates of his net worth run from roughly $2.6B to $7.4B. Other large fortunes: Commerce Secretary Howard Lutnick, Education Secretary Linda McMahon, and SBA Administrator Kelly Loeffler.
Is it legal for the president and Cabinet to trade stocks?▼
The STOCK Act requires senior executive-branch officials to publicly disclose securities transactions, but it does not prohibit them. The president and vice president are also exempt from 18 U.S.C. § 208, the criminal conflict-of-interest statute that binds other executive-branch employees. GovGreed reports the disclosures and does not allege any official broke the law.
Which Cabinet members actively trade stocks?▼
Twelve officials filed OGE 278-T periodic transaction reports. Trump disclosed 916 transactions in Q1 2026; Energy Secretary Chris Wright 124 (energy names); Labor Secretary Lori Chavez-DeRemer 97; Transportation Secretary Sean Duffy 77; Commerce Secretary Howard Lutnick 30; SBA Administrator Kelly Loeffler 14.
What are federal equity stakes in public companies?▼
Separately from officials’ personal holdings, the federal government has taken roughly $25.5 billion in equity, loans and grants across seven tracked deals — CHIPS Act awards to Intel, TSMC and Micron, a Defense Department equity stake in MP Materials, and a critical-minerals deal with USA Rare Earth. GovGreed tracks the stock-price reaction around each announcement.
Where does GovGreed get this data?▼
From OGE Form 278 annual disclosures and 278-T periodic transaction reports, parsed per official into asset value ranges and individual transactions, plus public filings on federal equity deals. Asset values are disclosed as ranges; we report the minimum floor. We show the money and the source and let readers draw their own conclusions.
About this data. Figures aggregate parsed OGE Form 278 financial disclosures (annual snapshots and
278-T periodic transactions) for Cabinet-level officials, plus public filings on federal equity stakes in public
companies. Asset totals are reported as a minimum floor because OGE discloses value ranges with an open-ended top
bracket. The live tables reflect the officials whose filings have been parsed to date. Source: OGE, SEC.
Not financial advice. All data from public federal disclosures. GovGreed reports disclosed assets and transactions
and does not allege that any official violated any law.