Inside the personal finances of Trump's nominees and Cabinet members

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.

Scott Bessent is Trump's nominee to be secretary of the treasury. We already knew he was wealthy, but the hedge fund manager's disclosure helped fill in some of the blanks.

At the very least, he's worth a little more than $520 million.

It's likely to be far more than that, with several of his assets — including his Key Square Group investment firm, as well as his holdings in several ETFs, trusts, and treasury bills — listed as simply "over $50 million."

He also disclosed homes worth at least $5 million in the Bahamas and North Carolina, along with up to $6 million in art and antiques among his assets. He also owns farmland in North Dakota valued up to $25 million.

Bessent has agreed to divest much of his assets if confirmed as Treasury secretary, according to this ethics agreement, including his partnership share in his hedge fund.

Marco Rubio is serving as Trump's secretary of state. He's previously represented Florida in the Senate since 2011, and thus has a relatively modest array of assets and income streams.

In addition to his $174,000 annual official salary, Rubio earned a $20,784 salary as an adjunct professor at Florida International University. He also made between $15,000 and $50,000 in royalties last year from his most recent book, "Decades of Decadence."

Rubio's contract at FIU expired on December 25, and he indicated in his disclosure that he will not renew it.

Rep. Elise Stefanik is Trump's nominee to be US Ambassador to the United Nations. The New York Republican has served in the House since 2014 and has a relatively modest set of personal finances.

Her assets include a handful of bank accounts worth between $1,000 and $15,000, as well as a home in Washington, DC worth between $500,000 and $1 million.

Stefanik also sits on the board of the National Endowment for Democracy, a position from which she has agreed to resign once confirmed.

Former Rep. Lee Zeldin is Trump's nominee to be the administrator of the Environmental Protection Agency, and he's had a lucrative career as a consultant since leaving Congress in 2023.

The New York Republican earned at least $1.7 million from his consulting business, made $65,500 from paid speeches, and was paid more than $120,000 to write op-eds — some of which are on climate-related topics.

He's also drawn a $144,999 salary from America First Works, a pro-Trump nonprofit where he has a board seat, and won a combined $45,475 in the last two years from gambling at three casinos.

Former Rep. Doug Collins is Trump's nominee to be secretary of the Department of Veterans Affairs.

A former Georgia congressman who left office in 2021 after mounting an unsuccessful Senate bid, Collins has primarily made money as a consultant since then.

His disclosure, which covers all major financial activity since the beginning of 2023, shows that he made $623,500 in salary income from his firm, Dogwood Strategies.

That sum came from a variety of sources. The document lists $18,000 in contributor fees from Newsmax; $28,000 in hosting fees from Salem Media Group, the organization that hosts his podcast; and $104,000 from the America First Policy Institute.

His clients included a variety of conservative-aligned media organizations and political groups.

He also earned up to $50,000 in rent from a residential property in Dayton Beach Shores, Florida, which is valued between $500,000 and $1 million.

Pete Hegseth is Trump's nominee to be secretary of the Department of Defense.

His financial disclosure shows that he made more than $2 million per year in 2023 and 2024, along with at least $765,000 from 41 paid speeches over the last two years.

His disclosure also lists a $150,000 advance payment for his 2022 book, "Battle for the American Mind," and $348,000 for his 2024 book, "The War on Warriors." He made between $100,000 and $1 million in royalties for each book.

Hegseth also collected between $100,001 and $1 million in rental income from a Baltimore rental house he sold in 2023 and owns between $15,000 and $50,000 in bitcoin.

Gov. Kristi Noem is Trump's nominee to be the secretary of the Department of Homeland Security.

Perhaps the most interesting revelation in the South Dakota governor's financial disclosure is that she earned a $139,750 advance payment for her 2024 book, "No Going Back: The Truth on What's Wrong with Politics and How We Move America Forward."

That's the book that contained the chilling anecdote about Noem shooting and killing her own dog.

In addition to her salary income, a total of $241,519 over the last two years, Noem reported earning a $40,000 advance for her 2022 book, "Not My First Rodeo."

She also disclosed holding at least $125,000 in various index funds and ETFs, along with between $50,000 and $100,000 in livestock and equipment and up to $500,000 worth of land in South Dakota.

Former Rep. Sean Duffy is Trump's nominee to be the secretary of the Department of Transportation.

Previously a House member from 2011 to 2019, the Wisconsin Republican has worked as a lobbyist, consultant, and Fox News contributor in recent years.

His disclosure shows that last year, he earned a $304,878 salary from the lobbying firm BGR Government Affairs, $705,462 in income from his consulting firm, and $563,788 as a Fox News contributor.

He also owns at least $500,000 in bitcoin and holds stock in dozens of companies. According to his ethics agreement, he will sell off his investments in Alphabet, Apple, Amazon, Microsoft, NVIDIA, and several other companies if confirmed.

Gov. Doug Burgum is Trump's nominee to be the secretary of the Department of the Interior.

The North Dakota governor's financial disclosure shows that he made far more from his various business interests than his official $161,401 salary as governor.

That includes $163,484 in income from a property management company, $935,047 from a construction management company, and $650,890 from a real estate fund. He also made well over $2 million in capital gains from other investment funds.

His disclosure also lists a condominium in Big Sky, Montana worth up to $25 million.

According to his ethics agreement, he plans to sell off his investments in several companies — including Netflix, Apple, and Microsoft — if confirmed.

However, he will retain a financial stake in many of his holdings, stating that the Interior Department determined it was not necessary for him to fully divest.

Pam Bondi is Trump's nominee to be attorney general of the United States.

The former Florida Attorney General and her husband were worth more than $12.1 million last year, with much of her income coming from lobbying, consulting, and legal fees.

Last year, she made a $1,067,000 salary from the lobbying firm Ballard Partners, earned $520,000 in consulting fees from the America First Policy Institute, and reported $203,738 in legal fees from a Fort Lauderdale law firm.

She also earned $27,600 in contributor fees from the conservative network Newsmax and held more than $3.9 million in Truth Social shares, which she was awarded as compensation as part of the company's SPAC merger.

She has agreed to divest her shares in Truth Social if confirmed.

Chris Wright is Trump's nominee to be secretary of the Department of Energy.

Wright, the CEO of Liberty Energy, was paid more than $2 million last year in salary and bonuses, along with more than $5 million in dividends.

He also brought in a combined $181,409 in director's fees from three other companies in the energy and metals space — Oklo, Inc., EMX Royalty, and Urban Solution Group.

Wright also holds at least $14.5 million in various other investments, including real estate, oil and gas companies, mining, and software.

Brooke Rollins is Trump's nominee to be secretary of the Department of Agriculture.

A former Trump administration official, Rollins has been the President and CEO of the America First Policy Institute since 2021. Last year, she earned more than $1 million in income from the group.

She also owns at least $3.8 million in various investment funds and received more than $1 million in dividends from HKN Energy, an oil and gas company operating in Kurdistan, Iraq.

Scott Turner is Trump's nominee to be secretary of the Department of Housing and Urban Development.

Turner, who is set to oversee the country's public housing system if confirmed, reported $651,500 in income last year as the "chief visionary officer" of JPI Development Company, a development and construction firm.

He also earned a $54,625 salary from Prestonwood Baptist Church for his work as an associate pastor and $177,150 in various consulting fees, including for the NFL, where he played football from 1995-2004.

Turner also owns at least hundreds of thousands of dollars in various stocks, including Amazon, Alphabet, and Microsoft.

John Ratcliffe is Trump's nominee to be the director of the Central Intelligence Agency.

The former GOP congressman from Texas, who also served as the Director of National Intelligence in Trump's first term, reported more than $3.3 million in income over the last two years.

The bulk of that income came from consulting work, where he reported nearly $2.3 million in income from a variety of clients, including an oil and gas pipeline company and multiple wealth management firms.

He also earned $180,000 in salary income from the American First Policy Institute, where he's been cochair of the Center for American Security, along with $90,000 from the Heritage Foundation.

Tulsi Gabbard is Trump's nominee to be Director of National Intelligence.

The Democratic-turned-Republican congresswoman from Hawaii disclosed $1.2 million in income last year, primarily from sources related to her relatively new status as a MAGA media celebrity.

That includes more than $170,000 in speaking fees, along with $199,500 from Fox News and $119,500 from the conservative American Center for Law and Justice, both for media contributor jobs.

Gabbard also earned a $297,500 advance for her 2024 book, "For Love of Country: Leave the Democrat Party Behind."