Benjamin DeMarzo
The data on this page comes from a financial disclosure filed by Benjamin DeMarzo, who was picked to be: Senior Advisor, Department of Housing and Urban Development in January, 2025. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
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. |
|---|---|---|---|---|---|
| IRA - Traditional | 1 | ||||
| Hartford Mutual FDS Balanced Income Fund Class A (HBLAX) | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| Hartford Mutual FDS Inc Balanced Income FD CL C (HBLCX) | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| State of NJ 457(b) Deferred Compensation - EMPOWER | 2 | ||||
| Invesco Developing Markets Y | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| International Blend III Fund Schroders | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Small Cap Growth II Wellington | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Large Cap Value LSV | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| Polen Capital Large Cap Growth | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| Core Bond Enhanced Index PGIM | $1,001 - $15,000 | None (or less than $201) | 2.6 |
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)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| State of NJ 457(b) Deferred Comp - EMPOWER | 457(b) Deferred Compensation - Remains in savings until rolled into an IRA. Employer (State of NJ) stopped making contributions after employment ended. (2016-04-01) | 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. |
|---|---|---|---|---|---|
| American Chemistry Council (Trade Association) | salary | 1 | |||
| Roth IRA | 2 | ||||
| Mutual Fund AMCAP CLF3 (FMACX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Mutual Fund Fundamental Investor CLF3 (FUNFX) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Mutual Fund Growth Fund of America (GAFFX) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Mutual Fund Investment Company of America CLF3 (FFICX) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| Mutual Fund New PerspectiveCLF3 (FNPFX) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| Mutual Fund Smallcap World CLF3 (SFCWX) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| Mutual Fund New Economy CLF3 (FNEFX) | $1,001 - $15,000 | None (or less than $201) | 2.7 |
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. |
|---|---|---|---|---|---|
| US BANK #1 (cash) | $1,001 - $15,000 | None (or less than $201) | 1 | ||
| US BANK #2 (cash) | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| State Farm Money Market Fund State Farm Money Market Fund | $15,001 - $50,000 | None (or less than $201) | 3 | ||
| Alphabet, Inc. (GOOG) | $15,001 - $50,000 | None (or less than $201) | 4 | ||
| Alphabet, Inc. (GOOGL) | $15,001 - $50,000 | None (or less than $201) | 5 | ||
| Amazon.com, Inc. (AMZN) | $1,001 - $15,000 | None (or less than $201) | 6 | ||
| Apple, Inc. (AAPL) | $1,001 - $15,000 | 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.
