How Donald Trump is personally investing his money while serving as president has rightfully generated significant attention, particularly during the past couple of months, as details emerged about the rapid growth of his wealth since he began his second term in office.
Less attention has been paid to the personal finances of top Trump administration officials, although there’s quite a lot to say about them, too.
So without further ado, a quick run-down of what I’ve discovered in recent months:
FBI Director Kash Patel failed to properly disclose a six-figure purchase of stock in a bitcoin-fueled business intelligence and software company that has contracted with the Department of Justice.
Commerce Secretary Howard Lutnick had a “disqualifying financial interest” in banking, financial services and real estate investments, but the White House granted him a conflict-of-interest waiver because the White House ruled the conflict was “not so substantial as to be likely to affect the integrity” of his service to the government.
Energy Secretary Chris Wright invested between $1.1 million and $5.25 million in “a pair of obscure real estate investment vehicles that specialize in high-end commercial properties in San Francisco.” This is the same investment vehicle favored by former House Speaker Nancy Pelosi’s husband, Paul Pelosi, who has become an avatar of sorts for what many Republicans consider corruption by Democrats.
Mike Stuart, the Department of Health and Human Services top lawyer, personally invested in a glass company that sells hundreds of millions of dollars worth of products to his own agency. Following my reporting, sources familiar with the matter confirmed that Stuart lost his general counsel job and was reassigned elsewhere within the agency.
Mike Huckabee remained a paid pitchman for the Florida-based American Behavioral Research Institute — makers of the Relaxium dietary supplement pill — even as he simultaneously served as Trump’s U.S. ambassador to Israel. That is, at least until I reported on it.
Tilman Fertitta, the United States’ ambassador to Italy, made a massive personal gamble on casinos.
The Department of Transportation’s top highways official, Sean McMaster, is personally investing in the transportation industry.
Deputy White House chief of staff and homeland security adviser Stephen Miller and his immediate family were personally investing in defense and homeland security contractor stock for much of 2025.
U.S. Attorney for the District of Columbia Jeanine Pirro invested in a company that about half the nation’s state attorneys have accused of platforming e-cigarette sellers they accuse of “unlawful conduct” and “pervasive illegality.”
The Environmental Protection Agency’s Douglas Troutman personally invested in a tranche of stocks that overtly conflicted with his role overseeing the nation’s Office of Chemical Safety and Pollution Prevention. (An EPA representative told me that a stock broker made a mistake.)
A Department of Justice antitrust attorney was put back on a case involving Visa's alleged monopolization of the debit card market despite her declaring that a family investment disqualified her participation.
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