Madeleine Bugel
The data on this page comes from a financial disclosure filed by Madeleine Bugel, who was picked to be: Senior Advisor, Department of Energy in April, 2025. 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. |
|---|---|---|---|
| National Electrical Manufacturers Association | Director, Government Relations, 5/2016 - Present | 1 |
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. |
|---|---|---|---|---|---|
| National Electrical Manufacturers Association | $384K | Salary/Bonus | 1 | ||
| Roth IRA | 2 | ||||
| BNY Mellon Smallcap Stock Index Fund Investor Class Shares (DISSX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Oakmark International Fund Investor Class Shares (OAKIX) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| T Rowe Price Blue Chip Growth Fund, Inc (TRBCX) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Vanguard Balanced Index Fund Admiral Shares (VBIAX) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| iShares Core S&P Total US Stock Market ETF (ITOT) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| SCHWAB US BROAD MARKET ETF (SCHB) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| Schwab US Large-Cap Growth ETF (SCHG) | $1,001 - $15,000 | None (or less than $201) | 2.7 | ||
| SPDR Portfolio S&P 500 Value ETF (SPYV) | $1,001 - $15,000 | None (or less than $201) | 2.8 | ||
| Vanguard 500 Index Fund ETF Shares (VOO) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| Danaher Corp. (DHR) | $1,001 - $15,000 | None (or less than $201) | 2.10 | ||
| Enovis Corporation Common Stock (ENOV) | $1,001 - $15,000 | None (or less than $201) | 2.11 | ||
| ESAB Corporation Common Stock (ESAB) | $1,001 - $15,000 | None (or less than $201) | 2.12 | ||
| Fortive Corp. (FTV) | $1,001 - $15,000 | None (or less than $201) | 2.13 | ||
| National Electrical Manufacturers Association | 3 | ||||
| Franklin US Government Securities Fund Class R6 Shares (FGORX) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| FIDELITY MID CAP INDEX FUND (FSMDX) | $15,001 - $50,000 | None (or less than $201) | 3.2 | ||
| Fidelity Small Cap Index Fund (FSSNX) | $1,001 - $15,000 | None (or less than $201) | 3.3 | ||
| Fidelity Total Bond K6 Fund (FTKFX) | $1,001 - $15,000 | None (or less than $201) | 3.4 | ||
| FIDELITY 500 INDEX FUND (FXAIX) | $50,001 - $100K | None (or less than $201) | 3.5 | ||
| PIMCO Income Fund Institutional Class Shares (PIMIX) | $1,001 - $15,000 | None (or less than $201) | 3.6 | ||
| EuroPacific Growth Fund Class R6 Shares (RERGX) | $1,001 - $15,000 | None (or less than $201) | 3.7 | ||
| Vanguard Real Estate Index Fund Admiral Shares (VGSLX) | $1,001 - $15,000 | None (or less than $201) | 3.8 |
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. |
|---|---|---|---|
| National Electrical Manufacturers Association | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. (2016-05-01) | 1 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| National Electrical Manufacturers Association | Services as Director, Government Relations | 1 |
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. |
|---|---|---|---|---|---|
| Fidelity Government Money Market Fund (SPAXX) | $100K - $250K | $2,501 - $5,000 | 1 |




