Andrew D. Farquharson
The data on this page comes from a financial disclosure filed by Andrew D. Farquharson, who was picked to be: Special Advisor, Department of Commerce in March, 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. |
|---|---|---|---|---|---|
| Lockheed Martin Corporation, 401K Plan: | 1 | ||||
| LMIMCo Target-Date Fund 2055 | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| US Large-Cap Equity Index Fund | $15,001 - $50,000 | None (or less than $201) | 1.2 | ||
| Employee Stock Ownership Plan Fund | $15,001 - $50,000 | None (or less than $201) | 1.3 | ||
| LMIMCO Global Equity Fund | $1,001 - $15,000 | None (or less than $201) | 1.4 | ||
| Company Common Stock Fund | $1,001 - $15,000 | None (or less than $201) | 1.5 | ||
| Quadrant Strategies LLC | $900 | Honoraria for focus group/survey participation | 2 | ||
| Lockheed Martin Corporation | 3 | ||||
| Salary | $198K | 3.1 | |||
| Cash Bonus | $15,000 | Bonus | 3.2 | ||
| PTO Payout (cash) | $14,500 | Anticipated PTO Payout | 3.3 |
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. |
|---|---|---|---|
| Lockheed Martin Corporation (401K) | I will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. (2022-02-01) | 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. |
|---|---|---|---|---|---|
| Coinbase Global, Inc., 401K Plan: | 1 | ||||
| Vanguard Target Retirement 2055 Fund Investor Class Shares (VFFVX) | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| Dodge & Cox Stock Fund Class X (DOXGX) | $15,001 - $50,000 | None (or less than $201) | 1.2 | ||
| JPMorgan Large Cap Growth Fund Class R6 Shares (JLGMX) | $15,001 - $50,000 | None (or less than $201) | 1.3 | ||
| Vanguard Real Estate Index Fund Admiral Shares (VGSLX) | $15,001 - $50,000 | None (or less than $201) | 1.4 | ||
| Vanguard Institutional Index Fund Institutional Shares (VINIX) | $15,001 - $50,000 | None (or less than $201) | 1.5 | ||
| Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) | $15,001 - $50,000 | None (or less than $201) | 1.6 | ||
| Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) | $15,001 - $50,000 | None (or less than $201) | 1.7 | ||
| Coinbase Global, Inc. | 2 | ||||
| Salary | 2.1 | ||||
| Annual Cash Bonus | 2.2 | ||||
| Annual RSU Award | 2.3 |
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. |
|---|---|---|---|---|---|
| U.S. bank a/c #1 (cash) | None (or less than $1,001) | None (or less than $201) | 1 | ||
| U.S. bank a/c #2 (cash) | $1,001 - $15,000 | None (or less than $201) | 2 | ||
| U.S. bank a/c #3 (cash) | $50,001 - $100K | None (or less than $201) | 3 | ||
| U.S. bank a/c #4 (cash) | $1,001 - $15,000 | None (or less than $201) | 4 | ||
| U.S. bank a/c #5 (cash) | $1,001 - $15,000 | $2,501 - $5,000 | Interest | 5 | |
| residential real estate, Washington, DC | $500K - $1M | $15,001 - $50,000 | Rent or Royalties | 6 | |
| U.S. bank a/c #6 (cash) | $1,001 - $15,000 | None (or less than $201) | 7 | ||
| AF Coinbase Wallet | 8 | ||||
| Shiba Inu (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 8.1 | ||
| Solana (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 8.2 | ||
| Cardano (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 8.3 | ||
| XRP (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 8.4 | ||
| AF 2004 Trust | 9 | ||||
| New Perspective Fund Class A Shares (ANWPX) | $1,001 - $15,000 | None (or less than $201) | 9.1 | ||
| Franklin DynaTech Fund Class A Shares (FKDNX) | $15,001 - $50,000 | None (or less than $201) | 9.2 | ||
| Franklin Rising Dividends Fund Class A Shares (FRDPX) | $1,001 - $15,000 | None (or less than $201) | 9.3 | ||
| JPMorgan Equity Income Fund Class A Shares (OIEIX) | $1,001 - $15,000 | None (or less than $201) | 9.4 | ||
| JPMorgan Growth Advantage Fund Class A Shares (VHIAX) | $15,001 - $50,000 | None (or less than $201) | 9.5 | ||
| AG Coinbase Wallet | 10 | ||||
| USDC (cryptocurrency) | $1,001 - $15,000 | None (or less than $201) | 10.1 | ||
| Cosmos (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 10.2 | ||
| Solana (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 10.3 | ||
| Gala V1 (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 10.4 | ||
| Bitcoin (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 10.5 | ||
| Ethereum (cryptocurrency) | None (or less than $1,001) | None (or less than $201) | 10.6 | ||
| Tulip Street Ventures, LLC (real estate investments) | 11 | ||||
| Residential real estate, Jackson, MS | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 11.1 | |
| Residential real estate, Pearl, MS | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 11.2 | |
| Residential real estate, Jackson, MS | $50,001 - $100K | $15,001 - $50,000 | Rent or Royalties | 11.3 | |
| U.S. bank a/c #7 (cash) | $15,001 - $50,000 | None (or less than $201) | 11.4 | ||
| AG Trust | 12 | ||||
| Residential real estate, Jackson, MS | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 12.1 | |
| Residential real estate, Jackson, MS | None (or less than $1,001) | $2,501 - $5,000 | Rent or Royalties | Property has been sold. | 12.2 |
| Residential real estate, Jackson, MS | $50,001 - $100K | $2,501 - $5,000 | Rent or Royalties | 12.3 | |
| U.S. bank a/c #8 (cash) | $1,001 - $15,000 | None (or less than $201) | 12.4 | ||
| ROTH IRA #1 | 13 | ||||
| Vanguard Explorer Fund Investor Shares (VEXPX) | $1,001 - $15,000 | None (or less than $201) | 13.1 | ||
| Vanguard Growth Index Fund Admiral Class Shares (VIGAX) | $1,001 - $15,000 | None (or less than $201) | 13.2 | ||
| Archer Aviation Inc. Class A Common Stock (ACHR) | $1,001 - $15,000 | None (or less than $201) | 13.3 | ||
| Coinbase Global Inc. Class A Common Stock (COIN) | None (or less than $1,001) | None (or less than $201) | 13.4 | ||
| Brinker International, Inc. (EAT) | $1,001 - $15,000 | None (or less than $201) | 13.5 | ||
| Intuitive Machines Class A Common Stock (LUNR) | $1,001 - $15,000 | None (or less than $201) | 13.6 | ||
| Red Cat Holdings Inc. Common Stock (RCAT) | None (or less than $1,001) | None (or less than $201) | 13.7 | ||
| TMC the metals company Inc. Common Stock (TMC) | None (or less than $1,001) | None (or less than $201) | 13.8 | ||
| ROTH IRA #2 | 14 | ||||
| Vanguard US Growth Fund Investor Shares (VWUSX) | $15,001 - $50,000 | None (or less than $201) | 14.1 | ||
| Roth IRA #3 | 15 | ||||
| Vanguard 500 Index Fund Admiral Shares (VFIAX) | $50,001 - $100K | None (or less than $201) | 15.1 | ||
| Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $15,001 - $50,000 | None (or less than $201) | 15.2 | ||
| AG, 401K | 16 | ||||
| Vanguard Institutional Extended Market Index Trust (VGIET) | $50,001 - $100K | None (or less than $201) | 16.1 | ||
| Lifepath Index 2050 Fund D (BRK6T) | $15,001 - $50,000 | None (or less than $201) | 16.2 | ||
| Vanguard Institutional 500 Index Trust (VGINT) | $15,001 - $50,000 | None (or less than $201) | 16.3 | ||
| BlackRock Equity Dividend Fund Class M Shares (EDFMT) | $15,001 - $50,000 | None (or less than $201) | 16.4 | ||
| Vanguard Institutional Total International Stock Market Index Trust (VGIST) | $1,001 - $15,000 | None (or less than $201) | 16.5 | ||
| Stable Value Fund (MLSVF) | $1,001 - $15,000 | None (or less than $201) | 16.6 | ||
| BlackRock Russell 2000 Fund Class G1 Shares (RRUST) | $1,001 - $15,000 | None (or less than $201) | 16.7 | ||
| Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) | $1,001 - $15,000 | None (or less than $201) | 16.8 | ||
| Bank of American Corporation Common Stock Fund (BACSF) | $1,001 - $15,000 | None (or less than $201) | 16.9 | ||
| PIMCO All Asset Fund Institutional Class Shares (PAAIX) | $1,001 - $15,000 | None (or less than $201) | 16.10 | ||
| BlackRock Large Cap Growth Equity Fund Class T Shares (BUFTT) | None (or less than $1,001) | None (or less than $201) | 16.11 | ||
| T. Rowe Price Large Cap Growth Trust (JAQNT) | None (or less than $1,001) | None (or less than $201) | 16.12 | ||
| State Street Real Asset Non-Lending Series Fund Class K Shares (SSRLT) | None (or less than $1,001) | None (or less than $201) | 16.13 | ||
| Coinbase Global Inc. RSUs | 17 | ||||
| Coinbase Global, Inc. vested RSU | $250K - $500K | None (or less than $201) | 17.1 | ||
| Coinbase Global, Inc. unvested RSU | $100K - $250K | None (or less than $201) | 17.2 | ||
| Union Protectors, LLC (real estate investments) | 18 | ||||
| Tax Lien Investment in Jackson, MS | $2,501 - $5,000 | Dividends | 18.1 | ||
| Residential real estate, Brandon, MS | $100K - $250K | $15,001 - $50,000 | Rent or Royalties | 18.2 | |
| Residential real estate, Terry, MS | $100K - $250K | $15,001 - $50,000 | Rent or Royalties | 18.3 | |
| Residential real estate, Jackson, MS | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 18.4 | |
| Residential real estate, Jackson, MS | $100K - $250K | $15,001 - $50,000 | Rent or Royalties | 18.5 | |
| Residential real estate, Brandon, MS | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 18.6 | |
| Residential real estate, Jackson, MS | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 18.7 | |
| U.S. bank a/c # 9 (cash) | $50,001 - $100K | None (or less than $201) | 18.8 |
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)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| Pennymac Loan Services, LLC | type: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2024, rate: 6.625, term: 30 Year | 1 | |
| LoanCare, LLC c/o Everbank | type: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2021, rate: 2.99, term: 15 Year | 2 |
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.
