Sriprakash Kothari

Status
Nominated
Reported Asset Values
$5.2M–$20M+

The data on this page comes from a financial disclosure filed by Sriprakash Kothari, who was picked to be: Assistant Secretary for Economic Policy, 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)

OrganizationPosition heldEndnoteLine No.
MITGordon Y Billard Professor of Accounting and Finance, 7/1999 - Present1
Velan StudiosDirector, 2/2021 - Present2
Aveta BiomicsDirector, 2/2023 - Present3
Energy Internet CorporationChairman of the Board, 10/2023 - Present4
A&O ShearmanExpert Witness, 9/2024 - 8/20255
Entwistle & Cappucci, LLPExpert Witness, 8/2024 - 10/20246
Rogge Dunn Group P.C.Expert Witness, 3/2024 - 7/20247
CRA InternationalExpert Witness, 1/2023 - 3/20258
Robinhood, Inc.Consultant, 1/2023 - 7/20259
Analysis GroupExpert Witness, 1/2023 - 10/202410
Marsh McLennan CompaniesExpert Witness, 2/2024 - 6/202411
The Brattle GroupExpert Witness, 9/2023 - 9/202412
Vise Inc.Academic Advisor, 4/2022 - 9/202513
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.
MIT$1.1MSalary1
Velan Studios (Video games developer and publisher and contractual content creator)$19,500Director Fees2
MIT 401k Plan3
Fidelity Russell 3000 Index Fund$1M - $5MNone (or less than $201)3.1
MIT, cash balance pension plan$1M - $5MNone (or less than $201)4
Velan Studios Inc. (Video game studio)$500K - $1MNone (or less than $201)5
Energy Internet Corp. (Green energy), vested stock options$15,001 - $50,000None (or less than $201)6
A&O Shearman, deferred consulting fees (cash receivable)$100K - $250KNone (or less than $201)7
Entwistle & Cappucci LLP, deferred consulting fees (cash receivable)$50,001 - $100KNone (or less than $201)8
Robinhood Inc., deferred consulting fees (cash receivable)$50,001 - $100KNone (or less than $201)9
Rogge Dunn Group P.C.$9,800Consulting Fees10
Energy Internet Corp, SAFE Note$250K - $500KNone (or less than $201)11
Vise Inc., vested stock options (Financial asset manager)$15,001 - $50,000None (or less than $201)12
Vise Inc., (Financial asset manager) 7,813 unvested stock options, strike $.54, vest monthly until 9/2026, exp.9/2032$1,001 - $15,000None (or less than $201)13
CRA International$87,000Consulting fees14
“The Economics of Accounting,” Oxford University Press, (value not readily ascertainable)$201 - $1,000Rent or Royalties15
Energy Internet Corp. (Green energy), 288,000 unvested options, strike $.10, 25% vest each year by year end of 2025, 2026, 2027$15,001 - $50,000None (or less than $201)16
A&O Shearman$58,800Consulting Fees17
Analysis Group$1.7MConsulting Fees18
Marsh McLennan Companies$37,600Consulting Fees19
The Brattle Group$131KConsulting Fees20
Aveta Biomics (Cancer treatment)$1M - $5MNone (or less than $201)21
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.
MITI will take an unpaid leave of absence from my faculty position until January 2026 at which time I will retire from MIT. (2025-09-01)1
Energy Internet CorporationI will retain my vested stock options. My unvested stock options will vest on September 15, 2025. I will retain my SAFE note, which will exist until the company converts all SAFE notes into common stock. (2023-09-01)2
MITI will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. (1999-07-01)3
MITPursuant to the cash balance pension plan, I will receive a monthly pension amount upon retirement in January, 2026. (1999-07-01)4
A&O ShearmanI have an agreement to receive payment of a fixed amount from A&O Shearman 30 days from the date services were provided in August 2025. I also have an agreement to serve as an expert witness to testify in November regarding a report I wrote. I will not engage in this expert witness testimony after I assume the duties of the position. (2024-09-01)5
Entwistle & Cappucci, LLPI have an agreement to receive payment of a fixed amount from Entwistle & Cappucci, LLP for previously provided consulting services upon available funds. (2024-08-01)6
Robinhood, Inc.I will receive payment in September, 2025 for previously provided consulting services. (2021-06-01)7
Vise Inc.I will divest my vested stock options. I will forfeit all Vise, Inc., stock options that are unvested. (2022-09-01)8
Compensation

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

OrganizationDescriptionEndnoteLine No.
MITServices as Gordon Y Billard Professor of Accounting and Finance1
Velan StudiosServices as Director2
Goldman SachsExpert witness consulting (client of Paul, Weiss, Rifkind, Wharton and Garrison LLP through The Analysis Group)3
L3 HarrisExpert witness consulting (client of Marsh and McClenan)4
Shareholder Class of GEExpert witness consulting (client of Kessler, Topaz, Meltzer Check LLP through The Brattle Group)5
Andy TrusevichExpert witness consulting services through Rogge Dunn Group P.C.6
ViacomExpert witness consulting through CRA International7
Xander Retail Partners Pte. Ltd.Expert witness consulting services through A&O Shearman.8
Energy Internet CorporationChairman of the Board9
Ripple Labs Inc.Expert witness consulting (client of Kellogg, Hansen, Todd, Figel & Fredrick, PLLC through The Analysis Group)10
NovavaxExpert witness consulting (client of Law firm Ropes & Gray, LLP through The Analysis Group)11
PandoraExpert witness consulting (client of Mayer Brown through CRA International)12
Members of the Center on Executive CompensationExpert witness consulting services through CRA International.13
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.
University of Rochester 401k1
Vanguard Target Retirement 2025 Fund Investor Class Shares (VTTVX)$15,001 - $50,000None (or less than $201)1.1
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Note to Monsoon Kitchens$100K - $250K$15,001 - $50,000Interest1
Note to Monica Kothari and Blake Sotern$500K - $1M$15,001 - $50,000Interest2
Note to Saruhan Hatipoglu Sage Inc$100K - $250K$50,001 - $100KInterest3
Aldrich Capital Partners LPLP is closed; not making further investments; and is in the process of liquidating its final asset, Lavu. 4
Lavu (POS for restaurants)$100K - $250KNone (or less than $201)4.1
Brightwood Capital LP (Underlying assets are not disclosed due to a preexisting confidentiality agreement. I will divest this asset if confirmed.)$100K - $250K$15,001 - $50,000Capital Gains5
PEEK (colonoscopy diagnosis startup)$250K - $500KNone (or less than $201)6
Trefis Inc. (Investment research software)$15,001 - $50,000None (or less than $201)7
AkashX (Financial education courses)$1,001 - $15,000None (or less than $201)8
Atomic Vaults Inc. (Financial broker providing access US markets)$15,001 - $50,000None (or less than $201)9
Clint Health (Health care technology)$15,001 - $50,000None (or less than $201)10
U.S. Bank (cash account)$1M - $5MNone (or less than $201)11
U.S. Brokerage account12
Vanguard Federal Money Market Fund Investor Shares (VMFXX)$100K - $250KNone (or less than $201)12.1
Vanguard 500 Index Fund Admiral Shares (VFIAX)$15,001 - $50,000$2,501 - $5,00012.2
Vanguard Small-Cap Index Fund Admiral Shares (VSMAX)$15,001 - $50,000$2,501 - $5,00012.3
Boeing CO (BA)$15,001 - $50,000$201 - $1,000Capital Gains Dividends12.4
Monsoon Kitchens (Indian food company)$100K - $250KNone (or less than $201)13
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.
Charles Wasleytype: Personal Loan, amount: $250,001 - $500,000, year-incurred: 2025, rate: 6%, term: 6 months1

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