Jonathan Burke
The data on this page comes from a financial disclosure filed by Jonathan Burke, who was picked to be: Assistant Secretary for Terrorist Financing, Department of the Treasury. 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. |
|---|---|---|---|
| Citibank, N.A. | Managing Director, Independent Compliance Risk Management, 1/2023 - Present | The parent company of Citibank, N.A. is Citigroup, Inc. | 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. |
|---|---|---|---|---|---|
| Citigroup, Inc. (C) | $100K - $250K | $5,001 - $15,000 | Dividends | Citigroup Inc. is the parent holding company to Citibank, N.A. | 1 |
| Citigroup, Inc. (C) vested restricted stock (restricted from sale until 8/20/25) | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| Citibank, N.A. (banking company) | Salary/Bonus | Salary and bonus paid in GBP. The total amount of salary and bonus that I received during the reporting period was 765,644 GBP. | 3 | ||
| Citigroup, Inc. (C), unvested RSUs | $250K - $500K | $2,501 - $5,000 | Dividends | 4 | |
| Citibank, N.A., deferred compensation: received | $33,039 | Cash Payment | 5 | ||
| Citibank, N.A., deferred compensation: cash receivable | $15,001 - $50,000 | None (or less than $201) | 6 | ||
| Ernst & Young Pension, defined benefit plan (value not readily ascertainable) $1,200 estimated monthly benefit starting Nov 1, 2041 | None (or less than $201) | 7 | |||
| Rollover IRA | 8 | ||||
| Fidelity Money Market Portfolio Institutional Class (FNSXX) | $250K - $500K | None (or less than $201) | 8.1 | ||
| Citi UK Pension | 9 | ||||
| Citi UK Plan Growth Fund | $100K - $250K | None (or less than $201) | 9.1 | ||
| Citi UK Plan Early-Stage Growth Fund | $15,001 - $50,000 | None (or less than $201) | 9.2 | ||
| UK State Pension (value not readily ascertainable) | None (or less than $201) | General governmental retirement system similar to Social Security. The Filer is not currently eligible to start receiving payment at age 66 because he has not yet met the minimum 10 years of National Insurance contributions. | 10 |
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. |
|---|---|---|---|
| Citibank, N.A. | I hold vested restricted stock in Citigroup Inc. from my employment with Citibank, N.A. The vested restricted stock is restricted from sale until 8/20/2025. I will divest this stock not later than 90 days after my confirmation. (2022-02-01) | 1 | |
| Citibank, N.A. | I hold unvested restricted stock units (RSUs) with Citigroup Inc. from my employment with Citibank, N.A. A portion of my unvested RSUs were awarded for services that I provided when I was designated as a Material Risk Taker (MRT) under the Prudential Regulation Authority (PRA) rules in the United Kingdom. Pursuant to the terms of Citigroup Inc.’s Discretionary Incentive and Retention Awards Plan (DIRA), upon my resignation and subject to regulatory approval from the PRA, Citigroup Inc. will accelerate the vesting of 75% of the unvested RSUs that were awarded when I was an MRT which will result in the issuance of stock in the company. I will forfeit the remaining 25% of my unvested RSUs that I was awarded when I was an MRT. If the PRA does not approve this treatment of my unvested RSUs, pursuant to the terms of the DIRA, Citigroup Inc. instead will convert 75% of the unvested RSUs that I was awarded when I was an MRT to a fixed amount of deferred cash compensation, and I will forfeit the remaining 25% of the unvested RSUs that I was awarded when I was an MRT. A portion of the deferred cash compensation will vest and be paid out each year with the final payment to occur in August 2028. Pursuant to the terms of the DIRA, Citigroup Inc. will accelerate the vesting of 75% of the unvested RSUs that were awarded when I was not an MRT which will result in the issuance of stock. The remaining 25% of the unvested RSUs that I was awarded when I was not an MRT will be forfeited at the time of my resignation. (2022-02-01) | 2 | |
| Citibank, N.A. | For services that I provided to Citibank N.A. in 2021, I am owed deferred compensation in the form of a fixed cash receivable. Pursuant to the terms of Citigroup Inc.’s DIRA, a portion of my remaining deferred cash compensation receivable will continue to vest each year on the pre-determined vesting schedule with the final payment occurring on 2/20/2027. (2021-02-01) | 3 | |
| Citi UK Pension | There will be no further contributions to the pension plan from me or my employer following separation, but I will retain the ability to collect the pension when eligible according to existing terms. (2019-01-01) | 4 | |
| Ernst & Young Pension | I will retain the ability to collect the pension when eligible according to existing terms. (2012-10-01) | 5 |
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. |
|---|---|---|---|
| Citibank, N.A. | Services as Managing Director, Independent Compliance Risk Management | 1 |
Spouse’s Assets
Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Accenture (UK) Limited | salary, bonus | 1 | |||
| Accenture PLC (employee purchase and restricted awards) | 2 | ||||
| Accenture stock | $100K - $250K | $2,501 - $5,000 | Dividends | 2.1 | |
| Accenture, unvested RSUs | $50,001 - $100K | None (or less than $201) | 2.2 | ||
| Accenture (ESPP cash account) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Rollover IRA | 3 | ||||
| Fidelity Money Market Portfolio Institutional Class (FNSXX) | $250K - $500K | None (or less than $201) | 3.1 | ||
| Roth IRA | 4 | ||||
| Fidelity Money Market Portfolio Institutional Class (FNSXX) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| Accenture Retirement Savings Plan | 5 | ||||
| ARSP - Gbl Eq Tracker (inc UK) | $100K - $250K | None (or less than $201) | 5.1 | ||
| UK State Pension (value not readily ascertainable) | None (or less than $201) | General governmental retirement system similar to Social Security. The Filer's spouse is not currently eligible to start receiving payments at age 66 because the Filer's spouse has not yet met the minimum 10 years of National Insurance contributions. | 6 |
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. |
|---|---|---|---|---|---|
| Virginia 529 College Savings Plan | 1 | ||||
| Aggressive Growth Portfolio | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| HSBC UK Savings Accounts (cash) | $100K - $250K | $2,501 - $5,000 | Interest | 2 | |
| BROKERAGE ACCOUNT | 3 | ||||
| Salesforce.com, inc. (CRM) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 3.1 | |
| CRISPR Therapeutics AG Common Shares (CRSP) | $1,001 - $15,000 | None (or less than $201) | 3.2 | ||
| Deere & Co. (DE) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 3.3 | |
| iShares Silver Trust (SLV) | $15,001 - $50,000 | None (or less than $201) | 3.4 | ||
| Ark Fintech Innovation ETF (ARKF) | $1,001 - $15,000 | None (or less than $201) | 3.5 | ||
| VanEck Vectors Gold Miners ETF (GDX) | $1,001 - $15,000 | None (or less than $201) | 3.6 | ||
| ISHARES MSCI INDIA ETF (INDA) | $15,001 - $50,000 | $201 - $1,000 | 3.7 | ||
| Fidelity Money Market Portfolio Institutional Class (FNSXX) | $100K - $250K | $50,001 - $100K | 3.8 | ||
| Invesco OppenGlobal Opptys Fd Class C Sh (OGICX) | $1,001 - $15,000 | None (or less than $201) | 3.9 |
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.
