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James Danly

Reported Asset Values
$5.5M–$26M

The data on this page comes from a financial disclosure filed by James Danly, who was picked to be: Deputy Secretary, Department of Energy. 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)

OrganizationPosition heldEndnoteLine No.
Vanderbilt Law SchoolAdjunct Professor, 11/2021 - PresentThis position is unpaid.1
Skadden, Arps, Slate, Meagher & Flom, LLPPartner, 2/2024 - Present2
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Skadden, Arps, Slate, Meagher & Flom, LLP (law firm)$1.4Mpartnership share1
Skadden, Arps, Slate, Meagher & Flom, LLP, 401k2
Vanguard Target Retirement 2045 Trust II$15,001 - $50,000None (or less than $201)2.1
Skadden, Arps, Slate, Meagher & Flom, LLP, anticipated partnership share$15,001 - $50,000None (or less than $201)3
Skadden, Arps, Slate, Meagher & Flom, LLP, capital account$15,001 - $50,000None (or less than $201)4
Protective Life Insurance, universal life$5M - $25MNone (or less than $201)5
Skadden, Arps, Slate, Meagher & Flom, LLP, cash balance pension plan (unvested) (value not readily ascertainable)None (or less than $201)6
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)

OrganizationAgreementEndnoteLine No.
Skadden, Arps, Slate, Meagher & Flom, LLPI will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. (2024-02-01)1
Skadden, Arps, Slate, Meagher & Flom, LLPI hold health insurance through the firm. This will end on my last day with the firm at midnight. (2024-02-01)2
Skadden, Arps, Slate, Meagher & Flom, LLPI hold a Group Term Life Policy (MetLife) through the firm for which premiums have already been paid. The firm will not renew the policy after my separation. I also hold a Universal Life Policy (Protective Life Insurance) through the firm for which the firm has paid premiums through January 31, 2026. If I elect to continue this policy upon my separation, the firm will deduct the remaining months of premiums from my capital account and direct the insurance company to forward future premium statements to me for payment. (2024-02-01)3
Skadden, Arps, Slate, Meagher & Flom, LLPPursuant to the partnership agreement, following my withdrawal from the firm, my interests in the partnership profits end. The final income share not yet distributed will be recorded in my capital account. The total amount of the remaining income share will be calculated as of the date of my withdrawal. (2024-02-01)4
Skadden, Arps, Slate, Meagher & Flom, LLPPursuant to the partnership agreement, following my withdrawal from the firm, I will receive the balance of my capital account in two installments: 50% plus interest on the one-year anniversary of my withdrawal, and 50% plus interest on the two-year anniversary of my withdrawal. The anniversary of my withdrawal will be based on the last day of the month in which I withdraw. (2024-02-01)5
Skadden, Arps, Slate, Meagher & Flom, LLPFollowing my separation, I will forfeit my interest in my Skadden, Arps, Slate, Meagher & Flom, LLP, cash balance pension plan. The firm will not make further contributions after my separation. (2024-02-01)6
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
Skadden, Arps, Slate, Meagher & Flom, LLPPartner and head of practice group.1
Interstate Natural Gas Association of AmericaLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)2
Electric Power Supply AssociationLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)3
SOUTHERN COMPANYLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)4
Enterprise Products Partners L.P.Legal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)5
Exelon CorporationLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)6
PJM Power Providers GroupLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)7
LS PowerLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)8
Chicago Atlantic Advisers, LLCLegal services (client of Skadden, Arps, Slate, Meagher & Flom, LLP)9
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
U.S. Bank (Cash)$1,001 - $15,000None (or less than $201)1
U.S. credit union (Cash)$500K - $1MNone (or less than $201)2
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)

CreditorDescriptionEndnoteLine No.
SWBC Mortgagetype: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2020, rate: 2.625, term: 360 months1
MOHELAtype: Student Loan, amount: $50,001 - $100,000, year-incurred: 1994, rate: 4.375, term: 204 months2
U.S. Department of Educationtype: Student Loan, amount: $10,001 - $15,000, year-incurred: 2010, rate: 7.9, term: 87 months3
Firstmarktype: Student Loan, amount: $10,001 - $15,000, year-incurred: 2005, rate: 7.625, term: 216 months4
USAAtype: Credit Card, amount: $15,001 - $50,000, year-incurred: 2023, rate: 10.65, term: Revolving5
AMERICAN EXPRESStype: Credit Card, amount: $10,001 - $15,000, year-incurred: 2024, rate: 20.24, term: Revolving6

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