West Cuthbert
The data on this page comes from a financial disclosure filed by West Cuthbert, who was picked to be: Associate Deputy Secretary, Department of Health & Human Services 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)
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. |
|---|---|---|---|---|---|
| True North Management Group (Real estate private equity fund) | $991K | Salary/Bonus | 1 | ||
| True North Management Group (Real estate private equity fund), anticipated bonus | $50,001 - $100K | None (or less than $201) | cash payment - anticipated bonus | 2 | |
| True North Capital Funding IV, LLC, carried interest: 17.5% of profits over 8% hurdle rate, with 60-40 catch-up until 17.5% of total profits; underlying holdings of fund as follows (no equity interest in Fund itself): | None (or less than $201) | True North Capital Funding IV is out of its investment period and there will be no additional new investments. Expected future value of carried interest is $0. | 3 | ||
| Brooklyn Residential Portfolio | $5M - $25M | None (or less than $201) | 3.1 | ||
| 20 Heron St | $5M - $25M | None (or less than $201) | 3.2 | ||
| 300-600 Federal St | $25M - $50M | None (or less than $201) | 3.3 | ||
| Wray North Dallas | $50M or more | None (or less than $201) | 3.4 | ||
| Silver Creek | $50M or more | None (or less than $201) | 3.5 | ||
| The Whit Wooster Square | $50M or more | None (or less than $201) | 3.6 | ||
| 109 Gold St | $5M - $25M | None (or less than $201) | 3.7 | ||
| Harbor Bay Porfolio | $50M or more | None (or less than $201) | 3.8 | ||
| True North Management Group, 401(k) Plan | 4 | ||||
| Vanguard Target Retirement 2055 Fund | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| True North Capital Funding III -- carried interest: structured waterfall up to 20% of profits over a 9% preferred return; underlying holdings of fund as follows (no equity interest in fund itself): | None (or less than $201) | 5 | |||
| 2777 Summer St | $5M - $25M | None (or less than $201) | 5.1 | ||
| Cotton Corporate Center | $5M - $25M | None (or less than $201) | 5.2 | ||
| Parkway North | $50M or more | None (or less than $201) | 5.3 | ||
| 225 High Ridge Road | $25M - $50M | None (or less than $201) | 5.4 | ||
| Sawgrass Pointe I | $50M or more | None (or less than $201) | 5.5 | ||
| Highline Vail | $25M - $50M | None (or less than $201) | 5.6 | ||
| Marriott Northeast | $25M - $50M | None (or less than $201) | 5.7 | ||
| Embassy Suites Phoenix | $50M or more | None (or less than $201) | 5.8 | ||
| Holiday Inn San Jose | $25M - $50M | None (or less than $201) | 5.9 | ||
| Perimeter | $25M - $50M | None (or less than $201) | 5.10 | ||
| Embassy Suites - San Rafael | $50M or more | None (or less than $201) | 5.11 | ||
| Cardinal Building | $5M - $25M | None (or less than $201) | 5.12 | ||
| Greenpoint | $25M - $50M | None (or less than $201) | 5.13 | ||
| Pluris Real Estate | $10,000 | consulting fees | 6 | ||
| Retirement Account #1 - IRA | 7 | ||||
| Berkshire Hathaway Inc. (BRKB) | $1,001 - $15,000 | None (or less than $201) | 7.1 | ||
| Palantir Technologies Inc. Class A Common Stock (PLTR) | None (or less than $1,001) | None (or less than $201) | 7.2 | ||
| RBB FUND INC US TREASURY 6 MONTH BILL ETF | $25M - $50M | None (or less than $201) | 7.3 | ||
| Fidelity Government Money Market Fund (SPAXX) | $15,001 - $50,000 | None (or less than $201) | 7.4 | ||
| Retirement Account #2 - ROTH IRA | 8 | ||||
| Fidelity Government Money Market Fund (SPAXX) | $1,001 - $15,000 | None (or less than $201) | 8.1 | ||
| Berkshire Hathaway Inc. (BRKB) | $1,001 - $15,000 | None (or less than $201) | 8.2 | ||
| Tesla, Inc. (TSLA) | $1,001 - $15,000 | None (or less than $201) | 8.3 | ||
| RBB FUND INC US TREASURY 6 MONTH BILL ETF | $15,001 - $50,000 | None (or less than $201) | 8.4 | ||
| Retirement Account #3: Rollover 401K | 9 | ||||
| FIDELITY 500 INDEX FUND (FXAIX) | $15,001 - $50,000 | None (or less than $201) | 9.1 | ||
| Fidelity US Bond Index Fund (FXNAX) | $1,001 - $15,000 | None (or less than $201) | 9.2 |
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. |
|---|---|---|---|
| True North Management Group | I will continue ownership of this defined contribution plan, but no further contributions will be made by the sponsor after my separation. (2021-12-01) | 1 | |
| True North Management Group | My company pays an annual year-end performance bonus in two installments, pursuant to a standard company policy. For 2024, my performance bonus was $200,000. 60% ($120,000) was paid out in March 2025. Pursuant to company policy, the remaining 40% ($80,000) will be paid out in July 2025. (2018-10-01) | 2 | |
| True North Management Group | Pursuant to my contract, I retain carried interest in True North Capital Funding III, LLC, and True North Capital Funding IV, LLC, as compensation for services provided during my period of employment, beginning in 2014. I was awarded carried interest on four separate occasions: March 15, 2019; April 30, 2020; July 31, 2021; and July 31, 2023. The percentage was fixed at time of award, subject to a vesting period. Payment will be made if and when the fund profits from its investments. (2019-03-01) | 3 |
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. |
|---|---|---|---|---|---|
| Fidelity Brokerage Account | 1 | ||||
| Advanced Micro Devices, Inc. (AMD) | $1,001 - $15,000 | None (or less than $201) | 1.1 | ||
| Amazon.com, Inc. (AMZN) | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| Tesla, Inc. (TSLA) | $1,001 - $15,000 | None (or less than $201) | 1.3 | ||
| Trust #1 | None (or less than $201) | 2 | |||
| Fidelity Arizona Municipal Money Market Fund (FSAXX) | $15,001 - $50,000 | 2.1 | |||
| American Funds Bond Fund of America F2 (ABNFX) | $15,001 - $50,000 | 2.2 | |||
| Vanguard Developed Markets Index Fund ETF Shares (VEA) | $1,001 - $15,000 | 2.3 | |||
| ISHARES RUSSELL 1000 GROWTH ETF (IWF) | $1,001 - $15,000 | 2.4 | |||
| Hartford Schroders Emerging Markets Equity Fund Class F Shares (HHHFX) | $1,001 - $15,000 | 2.5 | |||
| ISHARES RUSSELL 1000 VALUE ETF (IWD) | $1,001 - $15,000 | 2.6 | |||
| Schwab US REIT ETF (SCHH) | $1,001 - $15,000 | 2.7 | |||
| iShares Edge MSCI USA Quality Factor ETF (QUAL) | $1,001 - $15,000 | 2.8 | |||
| ISHARES EDGE MSCI MIN VOL USA ETF (USMV) | $1,001 - $15,000 | 2.9 | |||
| Fidelity Overseas Fund (FOSFX) | $1,001 - $15,000 | 2.10 | |||
| Ishares Core S&P Mid-Cap ETF (IJH) | $1,001 - $15,000 | 2.11 | |||
| DODGE & COX INTERNATIONAL STOCK FUND (DODFX) | $1,001 - $15,000 | 2.12 | |||
| ISHARES Core S&P Small-Cap ETF (IJR) | $1,001 - $15,000 | 2.13 | |||
| T Rowe Price US Equity Research Fund, Inc (PRCOX) | $1,001 - $15,000 | 2.14 | |||
| AberdeenEmerging Markets Fund Institutional Service Class Shares (AEMSX) | $1,001 - $15,000 | 2.15 | |||
| Oakmark Fund Investor Class Shares (OAKMX) | $1,001 - $15,000 | 2.16 | |||
| CausewayEmerging Markets Fund Investor Class Shares (CEMVX) | $1,001 - $15,000 | 2.17 | |||
| JPMorgan US Research Enhanced Equity Fund Class A Shares (JDEAX) | $1,001 - $15,000 | 2.18 | |||
| Voya Intermediate Bond Fund Class I Shares (IICIX) | $1,001 - $15,000 | 2.19 | |||
| Victory Trivalent International Small-Cap Fund Class I Shares (MISIX) | $1,001 - $15,000 | 2.20 | |||
| Baird Core Plus Bond Fund Institutional Class Shares (BCOIX) | $1,001 - $15,000 | 2.21 | |||
| JPMorgan US Equity Fund Class L Shares (JMUEX) | $1,001 - $15,000 | 2.22 | |||
| iShares MSCI EAFE Value ETF (EFV) | $1,001 - $15,000 | 2.23 | |||
| Fidelity Advisor International Discovery Fund Class I Shares (FIADX) | $1,001 - $15,000 | 2.24 | |||
| JPMorgan International Research Enhanced Equity ETF JPMorgan International Research Enhanced Equity ETF (JIRE) | $1,001 - $15,000 | 2.25 | |||
| Vanguard Intermediate-Term Treasury Index Fund ETF Class Shares (VGIT) | $1,001 - $15,000 | 2.26 | |||
| WCM Focused Emerging Markets Fund Investor Class Shares (WFEMX) | None (or less than $1,001) | 2.27 | |||
| Emerging Markets Core Equity Portfolio Institutional Class Shares (DFCEX) | None (or less than $1,001) | 2.28 | |||
| iShares Edge MSCI USA Momentum Factor ETF (MTUM) | None (or less than $1,001) | 2.29 | |||
| Oakmark International Fund Investor Class Shares (OAKIX) | None (or less than $1,001) | 2.30 | |||
| Fidelity Advisor Semiconductors Fund Class C Shares (FELCX) | $1,001 - $15,000 | 2.31 | |||
| MFS Research International Fund Class A Shares (MRSAX) | None (or less than $1,001) | 2.32 | |||
| PIMCO Mortgage Opportunities and Bond Fund Institutional Class Shares (PMZIX) | $1,001 - $15,000 | 2.33 | |||
| Baillie Gifford Developed EAFE All Cap Fund Institutional Class Shares (BSGPX) | None (or less than $1,001) | 2.34 | |||
| Fidelity AdvisorEmerging Markets Fund Class Z Shares (FZAEX) | None (or less than $1,001) | 2.35 | |||
| Strategic Advisers Short Duration Fund (FAUDX) | $1,001 - $15,000 | 2.36 | |||
| ISHARES CORE US AGGREGATE BOND ETF (AGG) | None (or less than $1,001) | 2.37 | |||
| Transamerica International Equity Class I Shares (TSWIX) | None (or less than $1,001) | 2.38 | |||
| NatixisLoomis Sayles Growth Fund Class A Shares (LGRRX) | None (or less than $1,001) | 2.39 | |||
| T. Rowe Price Dividend Growth ETF T. Rowe Price Dividend Growth ETF (TDVG) | None (or less than $1,001) | 2.40 | |||
| iShares Edge MSCI Min Vol EAFE ETF (EFAV) | None (or less than $1,001) | 2.41 | |||
| Fidelity Blue Chip Growth Fund (FBGRX) | $1,001 - $15,000 | 2.42 | |||
| Vanguard Mid-Cap Value Index Fund ETF Class Shares (VOE) | None (or less than $1,001) | 2.43 | |||
| Fidelity Large Cap Stock Fund (FLCSX) | None (or less than $1,001) | 2.44 | |||
| Trust #2 | 3 | ||||
| NI Holdings, Inc. (NODK) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| Fidelity Government Money Market Fund (SPAXX) | $15,001 - $50,000 | 3.2 | |||
| CoinBase Wallet | 4 | ||||
| Bitcoin | $1,001 - $15,000 | 4.1 | |||
| Ethereum | $1,001 - $15,000 | 4.2 | |||
| Sycamore Street Ventures I, LLC | 5 | ||||
| commercial real estate, New York City, NY | $50,001 - $100K | None (or less than $201) | 5.1 | ||
| BA VENTURES SPV-1 LLC | 6 | ||||
| Claim Digital Assets Inc. (social media app) | $15,001 - $50,000 | None (or less than $201) | 6.1 | ||
| U.S. Bank #1 (Cash) | $15,001 - $50,000 | None (or less than $201) | 7 |
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.
