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

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Donald Trump
All of Trump's high-profile nominees are required to file reports disclosing their assets and recent sources of income.Scott Olson/Getty Images
  • Trump's nominees must file financial disclosures detailing their income and assets.

  • In recent weeks, several of them have been made public.

  • They offer a view into the personal finances of Trump's top advisors.

How you ever wondered how some of President Donald Trump's top 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 include 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.

This story will be updated as more disclosures become available.

Office of Management and Budget Director nominee Russell Vought

Russell Vought
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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.

Treasury Secretary nominee Scott Bessent

Scott Bessent
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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."