Benjamin Hobbs
The data on this page comes from a financial disclosure filed by Benjamin Hobbs, who was picked to be: Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development. 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. |
|---|---|---|---|---|---|
| Hobbs Investments LLC (passthrough entity for self-directed Roth IRA) (Kraken wallet): | 1 | ||||
| Bitcoin (BTC) | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| Solana (SOL) | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| Cardano (ADA) | $1,001 - $15,000 | None (or less than $201) | 1.3 | ||
| Ethereum (ETH) | None (or less than $1,001) | None (or less than $201) | 1.4 | ||
| Avalanche (AVAX) | None (or less than $1,001) | None (or less than $201) | 1.5 | ||
| Vanguard Roth IRA | 2 | ||||
| Vanguard Total Stock Market Index Fund (VTSAX) | $50,001 - $100K | None (or less than $201) | 2.1 | ||
| Vanguard Growth Index Admiral (VIGAX) | $15,001 - $50,000 | None (or less than $201) | 2.2 |
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. |
|---|---|---|---|
| Hobbs Investments LLC | I will retain my position as Managing Member of this LLC, which is used for my personal investments. I will not receive any fees for these services. (2021-06-01) | 1 |
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. |
|---|---|---|---|---|---|
| Vanguard Brokerage Account | 1 | ||||
| U.S. brokerage account (Cash) | $1,001 - $15,000 | None (or less than $201) | 1.1 | ||
| Residential real estate #1 - Alliance, OH | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 2 | |
| Residential real estate #2 - Alliance, OH | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 3 | |
| Residential real estate #3 - Alliance, OH | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 4 | |
| U.S. Bank (Cash) | $15,001 - $50,000 | None (or less than $201) | 5 | ||
| Residential real estate #4 - Alliance, OH | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 6 | |
| Residential real estate #5 - Alliance, OH | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 7 | |
| Residential real estate #6 - Alliance, OH | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 8 | |
| Residential real estate #7 - Alliance, OH | $50,001 - $100K | $5,001 - $15,000 | Rent or Royalties | 9 | |
| CoinBase Wallet | 10 | ||||
| Solana (SOL) | $1,001 - $15,000 | None (or less than $201) | 10.1 | ||
| Aptos (APT) | None (or less than $1,001) | None (or less than $201) | 10.2 | ||
| Bitcoin (BTC) | None (or less than $1,001) | None (or less than $201) | 10.3 | ||
| Ethereum (ETH) | None (or less than $1,001) | None (or less than $201) | 10.4 | ||
| Bitcoin (BTC) (held in cold wallet) | $15,001 - $50,000 | None (or less than $201) | 11 | ||
| Ethereum (ETH) (held in cold wallet) | $1,001 - $15,000 | None (or less than $201) | 12 | ||
| Cardano (ADA) (held in cold wallet) | $15,001 - $50,000 | None (or less than $201) | 13 | ||
| Avalanche (AVAX) (held in cold wallet) | $1,001 - $15,000 | None (or less than $201) | 14 | ||
| Health savings account | 15 | ||||
| Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $15,001 - $50,000 | None (or less than $201) | 15.1 |
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. |
|---|---|---|---|
| ELFI Student Loan | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2020, rate: 4.28, term: 15 years | 1 | |
| newrez | type: Mortgage (investment/rent al property), amount: $15,001 - $50,000, year-incurred: 2014, rate: 5.1, term: 30 years | 2 | |
| Huntington Bank | type: Mortgage (investment/rent al property), amount: $50,001 - $100,000, year-incurred: 2022, rate: 4.25, term: 30 years | 3 | |
| Huntington Bank | type: Mortgage (investment/rent al property), amount: $15,001 - $50,000, year-incurred: 2019, rate: 5.125, term: 30 years | 4 | |
| Huntington Bank | type: Mortgage (investment/rent al property), amount: $50,001 - $100,000, year-incurred: 2020, rate: 4.25, term: 30 years | 5 |
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.
