Derek Barrs
The data on this page comes from a financial disclosure filed by Derek Barrs, who was picked to be: Administrator Federal Motor Carrier Safety Administration, Department of Transportation. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| HNTB Corporation | Associate Vice President, 1/2020 - Present | 1 | |
| Flagler County District Schools | School Board Member, 10/2024 - Present | Florida Constitutional Officer | 2 |
| Florida Highway Patrol (uncompensated) | Reserve Chief, 1/2020 - Present | Inactive status as of 10/2024. | 3 |
| Flagler County Sheriff's Employee Assistance Trust (uncompensated) | Board of Directors, 5/2021 - Present | 4 | |
| Madison County Senior Citizens Board (uncompensated) | Board Member, 12/2022 - Present | 5 | |
| Commercial Vehicle Safety Alliance (uncompensated) | President of Associate Membership, 10/2022 - 10/2024 | 6 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| HNTB Corporation (Transportation Infrastructure Solutions Firm) | $437K | Salary | 1 | ||
| Flagler County District Schools | $19,550 | Salary | 2 | ||
| HNTB Corporation , ESOP account | 3 | ||||
| HNTB Ownership Stock | $100K - $250K | None (or less than $201) | 3.1 | ||
| Schwab Retirement Government Money Fund (SNRXX) | $15,001 - $50,000 | None (or less than $201) | 3.2 | ||
| Vanguard LifeStrategy Income Fund Investor Shares (VASIX) | $1,001 - $15,000 | None (or less than $201) | 3.3 | ||
| Florida Retirement System, defined benefit plan, value not readily ascertainable | $102K | Retirement Payments (annual) | 4 | ||
| HNTB Corporation, 401(k) | 5 | ||||
| FIDELITY 500 INDEX FUND (FXAIX) | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| Fidelity International Index Fund (FSPSX) | $1,001 - $15,000 | None (or less than $201) | 5.2 | ||
| FIDELITY MID CAP INDEX FUND (FSMDX) | $1,001 - $15,000 | None (or less than $201) | 5.3 | ||
| American Century Emerging Markets Equity Trust (ACEMETI) | $1,001 - $15,000 | None (or less than $201) | 5.4 | ||
| Fidelity Small Cap Index Fund (FSSNX) | $1,001 - $15,000 | None (or less than $201) | 5.5 | ||
| Fidelity US Bond Index Fund (FXNAX) | $1,001 - $15,000 | None (or less than $201) | 5.6 | ||
| Putnam Stable Value Fund 15bps | $1,001 - $15,000 | None (or less than $201) | 5.7 | ||
| State of Florida, deferred compensation | 6 | ||||
| Vanguard Target Retirement 2050 Fund Investor Class Shares (VFIFX) | $1,001 - $15,000 | None (or less than $201) | 6.1 | ||
| Fidelity Flex 500 Index Fund (FDFIX) | $1,001 - $15,000 | None (or less than $201) | 6.2 | ||
| Dodge & CoxGlobal Stock Fund (DODWX) | $1,001 - $15,000 | None (or less than $201) | 6.3 | ||
| American Funds Moderate Growth and Income Portfolio Class R6 Shares (RBAGX) | $1,001 - $15,000 | None (or less than $201) | 6.4 | ||
| JPMorgan Mid Cap Growth Fund Class R6 Shares (JMGMX) | $1,001 - $15,000 | None (or less than $201) | 6.5 | ||
| FIDELITY MID CAP INDEX FUND (FSMDX) | $1,001 - $15,000 | None (or less than $201) | 6.6 | ||
| Vanguard LifeStrategy Income Fund Investor Shares (VASIX) | $1,001 - $15,000 | None (or less than $201) | 6.7 | ||
| Madison County, deferred compensation, cash receivable | None (or less than $1,001) | None (or less than $201) | 7 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Florida Retirement System | I will continue to receive my pension payments from the plan sponsor. (1992-02-01) | 1 | |
| HNTB Corporation | 401k. I will continue to participate, but the plan sponsor will not make further contributions after my separation. (2020-01-01) | 2 | |
| HNTB Corporation | ESOP Plan. Once I leave HNTB, I will rollover this account into a traditional 401k plan. (2020-01-01) | 3 | |
| State of Florida | I continue to participate in this deferred compensation plan, but the plan sponsor no longer makes contributions to this plan. (2001-01-01) | 4 | |
| Madison County | I continue to participate in this deferred compensation plan, but the plan sponsor no longer makes contributions to this plan. (1993-04-01) | 5 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| U.S. Bank #1 (Cash) | $50,001 - $100K | None (or less than $201) | 1 | ||
| BROKERAGE ACCOUNT | 2 | ||||
| Schwab Fundamental US Large Company Index ETF (FNDX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Schwab US Dividend Equity ETF (SCHD) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Schwab US Large-Cap Growth ETF (SCHG) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Schwab US Mid-Cap ETF (SCHM) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| Janus Henderson Triton Fund Class T Shares (JATTX) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| Florida Prepaid College Savings Plan, 2 + 2 Florida Plan | $1,001 - $15,000 | $3,479 | cash distributions | 3 | |
| Residential real estate, St. Johns, FL | $250K - $500K | $15,001 - $50,000 | Rent or Royalties | 4 |
Liabilities
Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
