George Holding
The data on this page comes from a financial disclosure filed by George Holding, who was picked to be: U.S. Executive Director, European Bank for Reconstruction and Development, Department of the Treasury. 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)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| Virtus Advisory Inc | Chairman, 3/2025 - Present | 1 | |
| Trump Media and Technology Group Corp. | Director, 3/2025 - Present | 2 | |
| Blackstone Inc. | Managing Director, 2/2021 - 3/2025 | 3 | |
| Blackstone Inc. | Consultant and Senior Advisor, 4/2025 - Present | 4 | |
| The Atlantic Partnership | Trustee, 9/2021 - 11/2025 | Uncompensated position was held in personal capacity. | 5 |
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. |
|---|---|---|---|---|---|
| Virtus Advisory, Inc. (consulting firm) | $50,001 - $100K | $180K | Salary | 1 | |
| Blackstone, Inc. | $225K | Consulting and advisory fees | 1.1 | ||
| Blackstone, Inc. | $975K | Salary and bonus | Managing director compensation. | 2 | |
| Blackstone Inc. Common Stock (BX) | $250K - $500K | $2,501 - $5,000 | Dividends | 3 | |
| Blackstone Inc. [Equity Awards] unvested restricted stock units | $250K - $500K | $2,501 - $5,000 | Dividends | 4 | |
| Blackstone Inc. [Deferred Bonus Awards] unvested restricted stock units | $100K - $250K | $2,501 - $5,000 | Dividends | 5 | |
| Trump Media & Technology Group Corp. | $27,875 | Director fees | 6 | ||
| Trump Media & Technology Group Corp. | $15,001 - $50,000 | None (or less than $201) | 7 | ||
| Trump Media & Technology Group Corp. unvested restricted stock units | $100K - $250K | None (or less than $201) | 8 | ||
| IRA - Fidelity Government Money Market Fund (SPAXX) | $1,001 - $15,000 | None (or less than $201) | 9 |
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. |
|---|---|---|---|
| Trump Media & Technology Group Corp. | Pursuant to the terms of my agreement with the company and as part of my compensation as a Member of the Board of Directors, I was granted 23,105 unvested restricted stock units in March 2025. 8.33% of these units vest every three months (approx.) and are settled 2-3 months later in stock and become exercisable at that point. Upon confirmation I will resign from my position on the Board, and any vested restricted stock units that have not been settled at that time will be settled in stock before I assume the duties of the position of Executive Director, but the stock will not be delivered at that point. The delivery of any resulting stock will occur within 120 days of my confirmation. All unvested restricted stock units will be forfeited. (2026-02-01) | 1 | |
| Blackstone Inc. | Pursuant to the terms of my employment and compensation agreement with the company I was granted equity and deferred bonus grants in the form of restricted stock units in the company. The equity awards were granted in April of each year and vested in 1/3 tranches annually in July following the grant date. Deferred equity grants were awarded in January and vest in equal tranches annually in January the year following the grant. When the restricted stock units vest, they become common stock in the company. When I departed from the company in March 2025, I was permitted to retain my unvested restricted stock units [equity and deferred bonus grants] and they have continued to vest on their respective plan schedules. Should I be confirmed to the position of US Executive Director, European Bank for Reconstruction and Development the company will pay out all of my unvested restricted stock units in stock before I assume the duties of the position. Any resulting stock will be divested within 90 days of my confirmation. (2026-02-01) | 2 | |
| Virtus Advisory Inc. | Consulting business will be dormant during my appointment. (2026-02-01) | 3 | |
| Blackstone Inc. [Sole client of Virtus Advisory Inc.) | I am the Chairman and sole employee of my consulting company, Virtus Advisory Inc.(Virtus) Pursuant to the terms of the April 2025 letter of engagement between Virtus and Blackstone Inc., I through Virtus am entitled to receive a fixed amount of fees monthly for my consulting and Senior Advisor services. Upon confirmation, I will terminate the agreement and Virtus will receive the balance of all fees due and owing for the services I provided up to the date that I terminate the agreement. All amounts will be fixed as of that date. Any amounts due will be received within 90 days of my confirmation. Also, and at the full discretion of the company, Virtus will receive a bonus for my services provided during calendar year 2025 prior to me assuming the duties of the position or I will forfeit it. (2026-02-01) | 4 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
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. |
|---|---|---|---|---|---|
| Bristol-Myers Squibb (BMY) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 1 | |
| The Coca-Cola Co. (KO) | $15,001 - $50,000 | $201 - $1,000 | Dividends | 2 | |
| JOHNSON & Johnson (JNJ) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 3 | |
| Microsoft Corp. (MSFT) | $50,001 - $100K | $201 - $1,000 | Dividends | 4 | |
| Pfizer Inc. (PFE) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 5 | |
| Procter & Gamble Co. (PG) | $15,001 - $50,000 | $201 - $1,000 | Dividends | 6 | |
| Truist Financial Corporation Common Stock (TFC) | $50,001 - $100K | $2,501 - $5,000 | Dividends | 7 | |
| First Citizens BancShares Inc. Class A Common Stock (FCNCA) | $250K - $500K | $1,001 - $2,500 | Dividends | 8 | |
| FIrst Citizens Bankshares INC B | $15,001 - $50,000 | $201 - $1,000 | Dividends | 9 | |
| Blackstone Inc. Common Stock (BX) | $100K - $250K | $2,501 - $5,000 | Dividends | 10 | |
| Cape Fear LLP (Family partnership - 25% interest) | Filer has confirmed that the business income (K-1 partnership distribution) for the reporting period was below the reporting threshold. | 11 | |||
| Carolina Packers Inc (meat processing company) | $100K - $250K | $201 - $1,000 | Dividends | Stock is not traded on any exchange. | 11.1 |
| Undeveloped real estate (Craven County, NC) | $1M - $5M | None (or less than $201) | 11.2 | ||
| U.S. Bank (cash account) | $50,001 - $100K | None (or less than $201) | 12 | ||
| Lincoln Financial Group - Whole Life Insurance Policy | $250K - $500K | None (or less than $201) | 13 | ||
| family trust (irrevocable) | 14 | ||||
| Adient PLC (ADNT) | $1,001 - $15,000 | None (or less than $201) | 14.1 | ||
| Johnson Controls International PLC (jci) | $50,001 - $100K | $201 - $1,000 | Dividends | 14.2 | |
| American Express Co. (AXP) | $50,001 - $100K | $201 - $1,000 | Dividends | 14.3 | |
| Ameriprise Financial, Inc. (AMP) | $15,001 - $50,000 | $201 - $1,000 | Dividends | 14.4 | |
| CSX Corp. (CSX) | $50,001 - $100K | $1,001 - $2,500 | Dividends | 14.5 | |
| Chevron Corp. (CVX) | $15,001 - $50,000 | $201 - $1,000 | Dividends | 14.6 | |
| Dillard's, Inc. (DDS) | $15,001 - $50,000 | None (or less than $201) | 14.7 | ||
| Dominion Energy, Inc. (D) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 14.8 | |
| First Citizens BancShares Inc. Class A Common Stock (FCNCA) | $5M - $25M | $15,001 - $50,000 | Dividends | 14.9 | |
| IMPERIAL BRANDS PLC | $1,001 - $15,000 | $201 - $1,000 | Dividends | 14.10 | |
| Mount Olive Pickle Co Inc | $50,001 - $100K | $5,001 - $15,000 | Dividends | 14.11 | |
| Northrop Grumman Corp. (NOC) | $1,001 - $15,000 | None (or less than $201) | 14.12 | ||
| Paramount Skydance Corp CL B | $1,001 - $15,000 | None (or less than $201) | 14.13 | ||
| Pfizer Inc. (PFE) | $15,001 - $50,000 | $1,001 - $2,500 | Dividends | 14.14 | |
| Public Service Enterprise Group, Inc. (PEG) | $50,001 - $100K | $1,001 - $2,500 | Dividends | 14.15 | |
| Sonoco Products Co. (SON) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 14.16 | |
| Truist Financial Corporation Common Stock (TFC) | $100K - $250K | $5,001 - $15,000 | Dividends | 14.17 | |
| Viatris Inc. Common Stock (VTRS) | $1,001 - $15,000 | None (or less than $201) | 14.18 | ||
| Delaware Wealth Builder Fund Class A Shares (DDIAX) | $1,001 - $15,000 | None (or less than $201) | 14.19 | ||
| Franklin Utilities Fund Class A1 Shares (FKUTX) | $1,001 - $15,000 | $201 - $1,000 | 14.20 | ||
| Franklin International Equity Fund FI (LGFEX) | $1,001 - $15,000 | None (or less than $201) | 14.21 | ||
| Liberty All-Star Growth Fund, Inc (ASG) | $1,001 - $15,000 | $201 - $1,000 | 14.22 | ||
| Health Savings Plan - Fidelity Government Cash Reserves (FDRXX) | $1,001 - $15,000 | None (or less than $201) | 15 | ||
| U.S bank #2 (cash account) | $50,001 - $100K | None (or less than $201) | 16 |
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)
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.
