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Jeffrey Kessler

Reported Asset Values
$3.9M–$11M+

The data on this page comes from a financial disclosure filed by Jeffrey Kessler, who was picked to be: Under Secretary of Commerce for Industry and Security, Department of Commerce. 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)

OrganizationPosition heldEndnoteLine No.
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)Partner, 1/2021 - Present1
Trump Vance 2025 Transition IncVolunteer (unpaid), 8/2024 - 1/20252
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Roth IRA1
American Funds Fundamental Investors (ANCFX)$15,001 - $50,000None (or less than $201)1.1
American Funds New Perspective Fund (ANWPX)$15,001 - $50,000None (or less than $201)1.2
Wilmer Cutler Pickering Hale & Dorr LLP, 401K plan2
Vanguard Target Retirement 2045 Trust II$250K - $500KNone (or less than $201)2.1
Spartan 500 Index Pool (Class C)$100K - $250KNone (or less than $201)2.2
Wilmer Cutler Pickering Hale & Dorr LLP (WilmerHale) (law firm) anticipated partnership share$1M - $5MNone (or less than $201)3
Wilmer Cutler Pickering Hale & Dorr LLP (WilmerHale)$2.3MPartnership share4
Wilmer Cutler Pickering Hale & Dorr LLP (WilmerHale) capital account$500K - $1M$15,001 - $50,000Interest5
Wilmer Cutler Pickering Hale & Dorr LLP defined benefit plan (value not readily ascertainable): eligible for approximately $2,200/mo. at age 62None (or less than $201)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)

OrganizationAgreementEndnoteLine No.
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)I will continue to participate in the defined contribution plan. The plan sponsor will not make contributions after my separation. (2021-01-01)1
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)Pursuant to the partnership agreement, the final 2024 partnership profit payment, and a partial 2025 partnership profit payment, will be made at the time of my separation and prior to assuming the duties of the position. The total amount of the payments will be calculated as of the date of my withdrawal. (2025-02-01)2
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)Pursuant to the partnership agreement, I will receive a lump sum payment of my capital contribution at the time of separation and prior to assuming the duties of the position. This payment will be calculated as of the date of my withdrawal. (2021-01-01)3
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)I will receive a lump sum payout of my defined benefit plan upon my separation, calculated using an objective formula, to be paid out within two months of my separation. I will not be eligible for any future benefit. (2025-02-01)4
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)I will retain the benefit of tax preparation services for my participation in the partnership for 2024, prepaid by the firm for all partners. (2021-01-01)5
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale)Partner1
Activision Blizzard, Inc.Legal services as a WilmerHale attorney2
Aura Consolidated Group, Inc.Legal services as a WilmerHale attorney3
Blackstone Group, TheLegal services as a WilmerHale attorney4
Blockchain Game Partners, Inc.Legal services as a WilmerHale attorney5
BMW of North America, LLCLegal services as a WilmerHale attorney6
Boeing Company, TheLegal services as a WilmerHale attorney7
Boston Consulting Group, Inc. (The)Legal services as a WilmerHale attorney8
Broadcom CorporationLegal services as a WilmerHale attorney9
Cameco CorporationLegal services as a WilmerHale attorney10
Carbon Activated CorporationLegal services as a WilmerHale attorney11
CF Industries Holdings, Inc.Legal services as a WilmerHale attorney12
Cisco Systems, Inc.Legal services as a WilmerHale attorney13
AnnJoy Imports LLCLegal services as a WilmerHale attorney14
Commonwealth Packaging CompanyLegal services as a WilmerHale attorney15
Infinity GlobalLegal services as a WilmerHale attorney16
Pack America Corp., TheLegal services as a WilmerHale attorney17
Primeline PackagingLegal services as a WilmerHale attorney18
PWS PackagingLegal services as a WilmerHale attorney19
S. Walter Packaging Corp.Legal services as a WilmerHale attorney20
Transco Packaging GroupLegal services as a WilmerHale attorney21
Electrolux Home Products, Inc.Legal services as a WilmerHale attorney22
Eli Lilly and CompanyLegal services as a WilmerHale attorney23
Etsy, Inc.Legal services as a WilmerHale attorney24
First Solar, Inc.Legal services as a WilmerHale attorney25
Gates FoundationLegal services as a WilmerHale attorney26
GE Healthcare Technologies Inc.Legal services as a WilmerHale attorney27
Grupo DeaceroLegal services as a WilmerHale attorney28
Honeywell International Inc.Legal services as a WilmerHale attorney29
Intel CorporationLegal services as a WilmerHale attorney30
Inter-State Gas Systems (Pvt) Ltd.Legal services as a WilmerHale attorney31
Lexmark International, Inc.Legal services as a WilmerHale attorney32
Massachusetts Bay Transportation AuthorityLegal services as a WilmerHale attorney33
Meta Platforms, Inc.Legal services as a WilmerHale attorney34
MGM Resorts International Operations, Inc.Legal services as a WilmerHale attorney35
Michigan Sugar CompanyLegal services as a WilmerHale attorney36
Ministry of Economy, Trade, and Industry (Japan)Legal services as a WilmerHale attorney37
Mosaic Company (The)Legal services as a WilmerHale attorney38
MVM Partners LLPLegal services as a WilmerHale attorney39
Nephron Nitrile, LLCLegal services as a WilmerHale attorney40
Nestlé HealthCare Nutrition, Inc.Legal services as a WilmerHale attorney41
NURA USA LLCLegal services as a WilmerHale attorney42
Nuna Baby Essentials, Inc.Legal services as a WilmerHale attorney43
Owens CorningLegal services as a WilmerHale attorney44
DuPont Teijin FilmsLegal services as a WilmerHale attorney45
Mitsubishi Chemical America, Inc. - Polyester Film DivisionLegal services as a WilmerHale attorney46
SK Microworks America, Inc.Legal services as a WilmerHale attorney47
Toray Plastics (America), Inc.Legal services as a WilmerHale attorney48
Rowley Company (The)Legal services as a WilmerHale attorney49
Sierra Pacific IndustriesLegal services as a WilmerHale attorney50
SKECHERS USA, Inc.Legal services as a WilmerHale attorney51
Taconic Capital Advisors LPLegal services as a WilmerHale attorney52
Terns Pharmaceuticals, Inc.Legal services as a WilmerHale attorney53
Walt Disney Company (The)Legal services as a WilmerHale attorney54
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Roth IRA1
Vanguard Total World Stock ETF (VT)$15,001 - $50,000None (or less than $201)1.1
Analysis Group, 401(k) planNone (or less than $201)2
Fidelity Contrafund Fund (FCNKX)$100K - $250KNone (or less than $201)2.1
Fidelity International Discovery Fund (FIDKX)$1,001 - $15,000None (or less than $201)2.2
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Fidelity Total Market Index Fund (FSKAX)$50,001 - $100K$201 - $1,0001
Columbia Seligman Communications and Information Fund (SLMCX)$15,001 - $50,000$5,001 - $15,0002
American Funds Growth Fund of America (AGTHX)$250K - $500K$15,001 - $50,0003
American Funds Capital World Growth and Income Fund (CWGIX)$50,001 - $100K$2,501 - $5,0004
American Funds SMALLCAP World Fund (SMCWX)$50,001 - $100K$201 - $1,0005
Dodge & Cox Stock Fund (DODGX)$500K - $1M$50,001 - $100K6
DODGE & COX INTERNATIONAL STOCK FUND (DODFX)$100K - $250K$2,501 - $5,0007
U.S. Bank #2 (Cash)$100K - $250K$2,501 - $5,000Interest8
U.S. Bank #1 (Cash)$100K - $250KNone (or less than $201)9
Vanguard Federal Money Market Fund Investor Shares (VMFXX)$1,001 - $15,000$201 - $1,00010
Vanguard International Stock Index Admiral (VTIAX)$1,001 - $15,000None (or less than $201)11
American Funds New Perspective Fund (ANWPX)$100K - $250K$5,001 - $15,00012
American Funds Fundamental Investors (ANCFX)$250K - $500K$15,001 - $50,00013
Virginia 529 College Savings Plan (VCSP)14
American Funds EuroPacific Growth Fund (AEPGX)$1,001 - $15,000None (or less than $201)14.1
American Funds Growth Fund of America (AGTHX)$100K - $250KNone (or less than $201)14.2
American Funds EuroPacific Growth Fund (AEPGX)$50,001 - $100K$2,501 - $5,00015
American Funds Washington Mutual A (AWSHX)$15,001 - $50,000$2,501 - $5,00016
Pyramid Company L.L.L.P. (Richmond, Virginia) (residential real estate rentals)17
Williamsburg Park Apartments (Henrico, Virginia)$250K - $500K$15,001 - $50,000Rent or Royalties17.1
Merck & Co., Inc. (mrk)$1,001 - $15,000None (or less than $201)Dividends17.2
Dodge & Cox Stock Fund (DODGX)$250K - $500K$15,001 - $50,00018
DODGE & COX INTERNATIONAL STOCK FUND (DODFX)$50,001 - $100K$1,001 - $2,50019
Dell Technologies, Inc. (DELL)$1,001 - $15,000None (or less than $201)20
Residential real estate, Middleburg, Virginia$100K - $250K$15,001 - $50,000Rent or Royalties21
U.S. Bank #3 (Cash)$1,001 - $15,000None (or less than $201)22
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)

CreditorDescriptionEndnoteLine No.
Cenlar (from Citi)type: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2021, rate: 3.375%, term: 30 years1
Cenlar (from Citi)type: Mortgage on Personal Residence, amount: $1,000,001 - $5,000,000, year-incurred: 2021, rate: 3.125%, term: 30 years2

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