Pete Hegseth
The data on this page comes from a financial disclosure filed by Pete Hegseth, who was picked to be: Secretary of Defense, Department of Defense. 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. |
|---|---|---|---|---|---|
| Fox News Network, LLC | $4.6M | Salary | 1 | ||
| Sep IRA | 2 | ||||
| U.S. Bank (Cash) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| "Battle for the American Mind," HarperCollins (value not readily ascertainable) | $100K - $1M | Rent or Royalties | 3 | ||
| Fox News Cash Balance Plan | 4 | ||||
| U.S. Bank (Cash) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| Alerian MLP ETF (AMLP) | $15,001 - $50,000 | None (or less than $201) | 4.2 | ||
| JPMorgan Equity Premium Income ETF (JEPI) | $100K - $250K | None (or less than $201) | 4.3 | ||
| Unit First Trust Innovative Technology 38 | $15,001 - $50,000 | None (or less than $201) | 4.4 | ||
| Vanguard Target Retirement 2045 Fund Investor Class Shares (VTIVX) | $250K - $500K | None (or less than $201) | 4.5 | ||
| "Battle for the American Mind," HarperCollins (value not readily ascertainable) | $150K | Advance | 5 | ||
| "American Crusade," Center Street (value not readily ascertainable) | $2,501 - $5,000 | Rent or Royalties | 6 | ||
| "The War on Warriors," HarperCollins (value not readily ascertainable) | $348K | advance | 7 | ||
| "In the Arena," Simon & Schuster (value not readily ascertainable) | None (or less than $201) | 8 | |||
| Peter Hegseth | 9 | ||||
| David Horowitz Freedom Center - Naples, FL - 11/22/24 | $15,000 | Honorarium | 9.1 | ||
| Turning Point USA - May 25, 2023 | $10,000 | Honorarium | 9.2 | ||
| Tripp Scott - Ft. Lauderdale, FL - 2/16/23 | $7,500 | Honorarium | 9.3 | ||
| American Legislative Exchange Council - 2/16/23 - Arlington, VA | $150K | Honorarium | 9.4 | ||
| The Leadership Program of the Rockies - Denver, CO - 2/17/23 | $20,000 | Honorarium | 9.5 | ||
| Providence Academy - Johnson City, TN - 3/7/23 | $15,000 | Honorarium | 9.6 | ||
| Covenant Classical Christian School - Columbia, SC - 3/9/23 | $10,000 | Honorarium | 9.7 | ||
| Project Medsend - Fort Mill, SC - 3/23/23 | $20,000 | Honorarium | 9.8 | ||
| The Parkinson's Association of SWFL - Naples, FL - 3/29/23 | $32,000 | Honorarium | 9.9 | ||
| StoneBridge School - Chesapeake, VA - 4/15/23 | $18,000 | Honorarium | 9.10 | ||
| The Heritage Foundation - Washington, DC - 4/20/23 | $25,000 | Honorarium | 9.11 | ||
| Oklahoma Council of Public Affairs - Oklahoma City, OK - 4/26/23 | $25,000 | Honorarium | 9.12 | ||
| Dayspring Christian Academy - Mountville, PA - 4/29/23 | $20,000 | Honorarium | 9.13 | ||
| Our Savior New American School - Centereach, NY - 5/20/23 | $10,000 | Honorarium | 9.14 | ||
| HelpingAHero.org - Houston, TX - 5/23/23 | $15,000 | Honorarium | 9.15 | ||
| HelpingAHero.org - Houston, TX - 8/29/23 | $15,000 | Honorarium | 9.16 | ||
| Citizens' Council For Health Freedom - Saint Paul, MN - 9/7/23 | $20,000 | Honorarium | 9.17 | ||
| Westgate Chapel - Edmonds, WA - 9/17/23 | $15,000 | Honorarium | 9.18 | ||
| CFD Investments - Kokomo, IN - 9/21/23 | $25,000 | Honorarium | 9.19 | ||
| Point of View Ministries - Dallas, TX - 10/5/23 | $20,000 | Honorarium | 9.20 | ||
| HelpingAHero.org - Houston, TX - 11/30/23 | $16,000 | Honorarium | 9.21 | ||
| Alabama Farmers Federation - Montgomer, AL - 12/4/23 | $25,000 | Honorarium | 9.22 | ||
| Pathway to Victory - Dallas, TX - 2/2/24 | $15,000 | Honorarium | 9.23 | ||
| James Madison Institute - Tallahassee, FL - 2/28/24 | $25,000 | Honorarium | 9.24 | ||
| New Jersey State Police Benevolent Association - Woodbridge, NJ - 3/5/24 | $10,000 | Honorarium | 9.25 | ||
| Idaho Family Policy Center - Boise, ID - 3/6/24 | $27,500 | Honorarium | 9.26 | ||
| Philos Classical Christian School - Chapel Hill, TN - 3/12/24 | $10,000 | Honorarium | 9.27 | ||
| Cornerstone Christian School - Abingdon, VA - 4/11/24 | $25,000 | Honorarium | 9.28 | ||
| Oklahoma City Town Hall - Oklahoma City, OK - 4/18/24 | $21,000 | Honorarium | 9.29 | ||
| National Rifle Association of America - Fairfax, VA - 5/17/24 | $25,000 | Honorarium | 9.30 | ||
| HelpingAHero.org - Houston, TX - 5/21/24 | $15,000 | Honorarium | 9.31 | ||
| Tennessee Firearms Association Legislative Action Committee - Nashville, TN - 9/7/24 | $25,000 | Honorarium | 9.32 | ||
| Westgate Chapel - Edmonds, WA - 9/15/24 | $20,000 | Honorarium | 9.33 | ||
| Florida Nursery, Growers, and Landscape Association - Orlando, FL - 10/2/24 | $15,000 | Honorarium | 9.34 | ||
| Ghost Rx Inc. - Orlando, FL - 10/3/24 | $25,000 | Honorarium | 9.35 | ||
| Paideia Academy - Knoxville, TN - 10/10/24 | $8,000 | Honorarium | 9.36 | ||
| Pennsylvania Pro-Life Federation - Harrisburg, PA - 10/12/24 | $25,000 | Honorarium | 9.37 | ||
| Point of Friction PAC - Roanoke, VA - 10/21/24 | $20,000 | Honorarium | 9.38 | ||
| Georgia Christian School - Valdosta, GA - 11/21/24 | $25,000 | Honorarium | 9.39 | ||
| New Jersey Family Policy Center / New Jersey Family Foundation - Warren, NJ - 11/22/24 | $20,000 | Honorarium | 9.40 | ||
| David Horowitz Freedom Center - Naples, FL 12/6/23 | $15,000 | Honorarium | 9.41 | ||
| "The War on Warriors," HarperCollins (value not readily ascertainable) | $100K - $1M | Rent or Royalties | 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)
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. |
|---|---|---|---|
| Fox News Network, LLC | Services as Employee: TV Host | 1 | |
| David Horowitz Freedom Center | speech | 2 | |
| Turning Point USA | speech | 3 | |
| Tripp Scott | speech | 4 | |
| American Legislative Exchange Council | speech | 5 | |
| The Leadership Program of the Rockies | speech | 6 | |
| Providence Academy | speech | 7 | |
| Covenant Classical Christian School | speech | 8 | |
| Project Medsend | speech | 9 | |
| The Parkinson's Association of SWFL | speech | 10 | |
| StoneBridge School | speech | 11 | |
| THE HERITAGE FOUNDATION | speech | 12 | |
| Oklahoma Council of Public Affairs | speech | 13 | |
| Dayspring Christian Academy | speech | 14 | |
| Our Savior New American School | speech | 15 | |
| HelpingAHero.org | speech | 16 | |
| Citizens' Council For Health Freedom | speech | 17 | |
| Westgate Chapel | speech | 18 | |
| CFD Investments | speech | 19 | |
| Point of View Ministries | speech | 20 | |
| Alabama Farmers Federation | speech | 21 | |
| Pathway to Victory | speech | 22 | |
| James Madison Institute | speech | 23 | |
| New Jersey State Police Benevolent Association | speech | 24 | |
| Idaho Family Policy Center | speech | 25 | |
| Philos Classical Christian School | speech | 26 | |
| Cornerstone Christian School | speech | 27 | |
| Oklahoma City Town Hall | speech | 28 | |
| National Rifle Association of America | speech | 29 | |
| Tennessee Firearms Association Legislative Action Committee | speech | 30 | |
| Florida Nursery, Growers, and Landscape Association | speech | 31 | |
| Ghost Rx Inc. | speech | 32 | |
| Paideia Academy | speech | 33 | |
| Pennsylvania Pro-Life Federation | speech | 34 | |
| Point of Friction PAC | speech | 35 | |
| Georgia Christian School | speech | 36 | |
| New Jersey Family Policy Center / New Jersey Family Foundation | speech | 37 | |
| Customers Bank | speech | 38 | |
| Conklin Company, Inc. | speech | 39 | |
| NC Faith and Freedom Coalition | speech | 40 |
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. |
|---|---|---|---|---|---|
| Fox News Network, LLC | salary/bonus | 1 | |||
| Rollover IRA 1 | 2 | ||||
| U.S. Bank (Cash) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Advanced Micro Devices, Inc. (AMD) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Alphabet, Inc. (GOOG) | $15,001 - $50,000 | None (or less than $201) | 2.3 | ||
| Amazon.com, Inc. (AMZN) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| Apple, Inc. (AAPL) | $15,001 - $50,000 | None (or less than $201) | 2.5 | ||
| Blackstone Inc. Common Stock (BX) | $15,001 - $50,000 | None (or less than $201) | 2.6 | ||
| Chubb Ltd. (CB) | $1,001 - $15,000 | None (or less than $201) | 2.7 | ||
| Costco Wholesale Corp. (COST) | $1,001 - $15,000 | None (or less than $201) | 2.8 | ||
| Danaher Corp. (DHR) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| Honeywell International, Inc. (HON) | $1,001 - $15,000 | None (or less than $201) | 2.10 | ||
| International Business Machines Corp. (IBM) | $1,001 - $15,000 | None (or less than $201) | 2.11 | ||
| JPMorgan Chase & Co. (JPM) | $15,001 - $50,000 | None (or less than $201) | 2.12 | ||
| KKR & Co., Inc. (KKR) | $15,001 - $50,000 | None (or less than $201) | 2.13 | ||
| Laboratory Corp. of America Holdings (LH) | $1,001 - $15,000 | None (or less than $201) | 2.14 | ||
| Lockheed Martin Corp. (LMT) | $1,001 - $15,000 | None (or less than $201) | 2.15 | ||
| Lowe's Companies Inc. (LOW) | $1,001 - $15,000 | None (or less than $201) | 2.16 | ||
| Mastercard, Inc. (MA) | $1,001 - $15,000 | None (or less than $201) | 2.17 | ||
| Microsoft Corp. (MSFT) | $1,001 - $15,000 | None (or less than $201) | 2.18 | ||
| Mondelez International, Inc. (MDLZ) | $1,001 - $15,000 | None (or less than $201) | 2.19 | ||
| Morgan Stanley (ms) | $1,001 - $15,000 | None (or less than $201) | 2.20 | ||
| Northrop Grumman Corp. (NOC) | $1,001 - $15,000 | None (or less than $201) | 2.21 | ||
| Oracle Corp. (ORCL) | $15,001 - $50,000 | None (or less than $201) | 2.22 | ||
| PepsiCo, Inc. (PEP) | $1,001 - $15,000 | None (or less than $201) | 2.23 | ||
| The PNC Financial Services Group, Inc. (PNC) | $15,001 - $50,000 | None (or less than $201) | 2.24 | ||
| T-Mobile US, Inc. (TMUS) | $15,001 - $50,000 | None (or less than $201) | 2.25 | ||
| Thermo Fisher Scientific, Inc. (TMO) | $1,001 - $15,000 | None (or less than $201) | 2.26 | ||
| Trane Technologies PLC (TT) | $1,001 - $15,000 | None (or less than $201) | 2.27 | ||
| Visa, Inc. (V) | $1,001 - $15,000 | None (or less than $201) | 2.28 | ||
| Walmart, Inc. (WMT) | $1,001 - $15,000 | None (or less than $201) | 2.29 | ||
| Ares Capital Corporation Common Stock (ARCC) | $15,001 - $50,000 | None (or less than $201) | 2.30 | ||
| Avantis US Equity ETF (AVUS) | $50,001 - $100K | None (or less than $201) | 2.31 | ||
| Avantis US Small Cap Value ETF (AVUV) | $50,001 - $100K | None (or less than $201) | 2.32 | ||
| Rollover IRA 2 | 3 | ||||
| Apollo Diversified Real Estate Fund (GMREX) | $50,001 - $100K | None (or less than $201) | 3.1 | ||
| Fox News Deferred Compensation Plan | 4 | ||||
| MFS Blended Research International Equity Fund Class R6 Shares (BRXVX) | $100K - $250K | None (or less than $201) | 4.1 | ||
| FIDELITY 500 INDEX FUND (FXAIX) | None (or less than $1,001) | None (or less than $201) | 4.2 | ||
| T. Rowe Price Blue Chip Growth Trust (Class T4) | None (or less than $1,001) | None (or less than $201) | 4.3 | ||
| Vanguard Target Retirement 2040 Fund Investor Class Shares (VFORX) | None (or less than $1,001) | None (or less than $201) | 4.4 | ||
| Vanguard Target Retirement 2050 Fund Investor Class Shares (VFIFX) | $500K - $1M | None (or less than $201) | 4.5 |
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. |
|---|---|---|---|---|---|
| CoinBase Wallet | 1 | ||||
| Bitcoin | $15,001 - $50,000 | $5,001 - $15,000 | Capital Gains | 1.1 | |
| Baltimore MD rental house | None (or less than $1,001) | $100K - $1M | Capital Gains Rent or Royalties | Sold in 2023 | 2 |
| QBF Holdings LLC - limited partnership | 3 | ||||
| U.S. Bank (Cash) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| U.S. Bank #1 (Cash) | $1,001 - $15,000 | None (or less than $201) | Interest | 4 | |
| U.S. Bank #2 (Cash) | $15,001 - $50,000 | $201 - $1,000 | Interest | 5 | |
| U.S. Bank #3 (Cash) | $50,001 - $100K | $201 - $1,000 | Interest | 6 |
Transactions
Officials are required to disclose the purchase, sale or exchange of property or securities in excess of $1,000. Many top officials are required to file periodic transaction reports (278-T) within 45 days to disclose additional actions. This table combines transactions from regularly scheduled financial disclosures and periodic transaction reports. If the same transaction appears on multiple reports, we’re only showing it once. (Form 278e, Part 7 and Form 278-T)
| Description | Value | Transaction | Endnote | Line No. |
|---|---|---|---|---|
| Walmart, Inc. (WMT) | $1,001 - $15,000 | Sale, 2025-03-24
 | 1 | |
| Thermo Fisher Scientific, Inc. (TMO) | $1,001 - $15,000 | Sale, 2025-03-24
| 2 | |
| PepsiCo, Inc. (PEP) | $1,001 - $15,000 | Sale, 2025-03-24
| 3 | |
| The PNC Financial Services Group, Inc. (PNC) | $1,001 - $15,000 | Sale, 2025-03-24
| 4 | |
| Microsoft Corp. (MSFT) | $1,001 - $15,000 | Sale, 2025-03-24
| 5 | |
| Lowe's Cos., Inc. (LOW) | $1,001 - $15,000 | Sale, 2025-03-24
| 6 | |
| International Business Machines Corp. (IBM) | $1,001 - $15,000 | Sale, 2025-03-24
| 7 | |
| Danaher Corp. (DHR) | $1,001 - $15,000 | Sale, 2025-03-24
| 8 | |
| Apple, Inc. (AAPL) | $15,001 - $50,000 | Sale, 2025-03-24
| 9 | |
| Advanced Micro Devices, Inc. (AMD) | $1,001 - $15,000 | Sale, 2025-03-24
| 10 | |
| Trane Technologies PLC (TT) | $1,001 - $15,000 | Sale, 2025-03-24
| 11 | |
| Laboratory Corp. of America Holdings (LH) | $1,001 - $15,000 | Sale, 2025-03-24
| 12 | |
| Chubb Ltd. (CB) | $1,001 - $15,000 | Sale, 2025-03-24
| 13 | |
| Alphabet, Inc. (GOOG) | $15,001 - $50,000 | Sale, 2025-03-24
| 14 | |
| Mastercard, Inc. (MA) | $1,001 - $15,000 | Sale, 2025-03-24
| 15 | |
| Mondelez International, Inc. (MDLZ) | $1,001 - $15,000 | Sale, 2025-03-24
| 16 | |
| T-Mobile US, Inc. (TMUS) | $15,001 - $50,000 | Sale, 2025-03-24
| 17 | |
| JPMorgan Chase & Co. (JPM) | $1,001 - $15,000 | Sale, 2025-03-24
| 18 | |
| Amazon.com, Inc. (AMZN) | $15,001 - $50,000 | Sale, 2025-03-24
| 19 | |
| Ares Capital Corporation Common Stock (ARCC) | $15,001 - $50,000 | Sale, 2025-03-24
| 20 | |
| Oracle Corp. (ORCL) | $15,001 - $50,000 | Sale, 2025-03-24
| 21 | |
| Costco Wholesale Corp. (COST) | $1,001 - $15,000 | Sale, 2025-03-24
| 22 | |
| Visa, Inc. (V) | $1,001 - $15,000 | Sale, 2025-03-24
| 23 | |
| Northrop Grumman Corp. (NOC) | $1,001 - $15,000 | Sale, 2025-02-07
| 24 | |
| KKR & Co., Inc. (KKR) | $15,001 - $50,000 | Sale, 2025-02-07
| 25 | |
| Blackstone Inc. Common Stock (BX) | $15,001 - $50,000 | Sale, 2025-02-07
| 26 | |
| Honeywell International, Inc. (HON) | $1,001 - $15,000 | Sale, 2025-02-07
| 27 | |
| Lockheed Martin Corp. (LMT) | $1,001 - $15,000 | Sale, 2025-02-07
| 28 | |
| Morgan Stanley (ms) | $1,001 - $15,000 | Sale, 2025-04-01
| 29 |
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. |
|---|---|---|---|
| Farm Credit Mid-America FLCA | type: Mortgage on Personal Residence, amount: $1,000,001 - $5,000,000, year-incurred: 2022, rate: 5.8, term: 20 year | 1 | |
| Chase bank | type: Mortgage (investment/rent al property), amount: $100,001 - $250,000, year-incurred: 2013, rate: 3.875, 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.
