We're finally getting a close look at Trump's nominees' personal finances
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- Trump's nominees must file personal financial disclosures.
- Those reports include information on income, assets, and more.
- On Friday, the first disclosure report for a Trump nominee became public.
How you ever wondered how some of President-elect Donald Trump's appointees and nominees make money? We're starting to find out.
Just like House members, senators, and congressional candidates, Trump's nominees are required to file personal financial disclosures before they assume office or are confirmed by the US Senate.
Those disclosure reports, along with their ethics agreements, include details of each person's assets, sources and amounts of recent income, and other details of their personal finances.
The documents are likely to reveal information like Defense Secretary nominee Pete Hegseth's salary at Fox News, Attorney General nominee Pam Bondi's compensation for lobbying, and the sprawling assets of the billionaires working for the administration.
As of Friday, January 10, only one of these disclosures has been made public. This story will be updated as more become available.
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Russell Vought is Trump's nominee to be the Director of the Office of Management and Budget, a role he served during the second half of Trump's first administration.
His financial disclosure shows that he brought in more than $542,000 in both salary and bonuses from the Center for Renewing America, a pro-Trump think tank, and its affiliated advocacy group, Citizens for Renewing America. Vought serves as the president for both organizations.
He's made thousands in extra income on the side, including $15,000 from the Republican National Committee for helping to prepare the policy platform for the party's convention.
He also received a $4,000 honorarium from Hillsdale College on September 19, the date that he appeared on a panel during the conservative institute's Constitution Day celebration in McLean, Virginia.
His assets include various mutual and index funds, along with between $1,000 and $15,000 in Bitcoin, which generated more than $1,000 in income last year. As part of his ethics agreement, Vought agreed to sell off that Bitcoin within 90 days of his confirmation.
