Lev A. Krutz
The data on this page comes from a financial disclosure filed by Lev A. Krutz, who was picked to be: Deputy Assistant Secretary for Manufacturing, Department of Commerce in April, 2025. 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. |
|---|---|---|---|
| Patriot Industrial Partners, Inc. | CEO, 1/2020 - 4/2025 | 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. |
|---|---|---|---|---|---|
| Patriot Industrial Partners, Inc. (Aerospace Consulting Practice) | $250K - $500K | $410K | Salary/Bonus | 1 | |
| Roth Contributory IRA | $1,001 - $15,000 | $5,001 - $15,000 | 2 | ||
| Goldman Sachs Global Core Fixed Income Fund Class C Shares (GSLCX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Goldman Sachs ActiveBeta International Equity ETF (GSIE) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| ISHARES Core S&P Small-Cap ETF (IJR) | None (or less than $1,001) | None (or less than $201) | 2.3 | ||
| iShares Edge MSCI USA Momentum Factor ETF (MTUM) | None (or less than $1,001) | None (or less than $201) | 2.4 | ||
| iShares Edge MSCI USA Value Factor ETF (VLUE) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| Ishares Russell 1000 Growth ETF (IWF) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| Ishares 20 Plus Years (TLT) | None (or less than $1,001) | None (or less than $201) | 2.7 | ||
| JPMorgan Ultra-Short Income ETF (JPST) | None (or less than $1,001) | None (or less than $201) | 2.8 | ||
| Patriot Industrial Partners, Inc. 401K Plans | $500K - $1M | 3 | |||
| Joint Tenant ...426 | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC) | None (or less than $1,001) | None (or less than $201) | 3.1.1 | ||
| iShares Edge MSCI USA Value Factor ETF (VLUE) | $1,001 - $15,000 | None (or less than $201) | 3.1.2 | ||
| Individual 401K ...533 | $500K - $1M | None (or less than $201) | 3.2 | ||
| Chevron USA | $15,001 - $50,000 | None (or less than $201) | 3.2.1 | ||
| Berkshire Hathaway Inc. (BRKB) | $15,001 - $50,000 | $1,001 - $2,500 | 3.2.2 | ||
| Eli Lilly & Co. (LLY) | $15,001 - $50,000 | $1,001 - $2,500 | 3.2.3 | ||
| Adobe, Inc. (ADBE) | $15,001 - $50,000 | None (or less than $201) | 3.2.4 | ||
| Airbnb Inc. Class A Common Stock (ABNB) | $1,001 - $15,000 | None (or less than $201) | 3.2.5 | ||
| Alphabet, Inc. (GOOG) | $15,001 - $50,000 | $201 - $1,000 | 3.2.6 | ||
| Amazon.com, Inc. (AMZN) | $15,001 - $50,000 | None (or less than $201) | 3.2.7 | ||
| Apple, Inc. (AAPL) | $15,001 - $50,000 | None (or less than $201) | 3.2.8 | ||
| Applied Materials, Inc. (AMAT) | $15,001 - $50,000 | $201 - $1,000 | 3.2.9 | ||
| Berkshire Hathaway Inc. (BRKB) | $50,001 - $100K | None (or less than $201) | 3.2.10 | ||
| The Carlyle Group Inc. Common Stock (CG) | $1,001 - $15,000 | $201 - $1,000 | 3.2.11 | ||
| KLA Corp. (KLAC) | $15,001 - $50,000 | $201 - $1,000 | 3.2.12 | ||
| Netflix, Inc. (NFLX) | $15,001 - $50,000 | None (or less than $201) | 3.2.13 | ||
| Visa, Inc. (V) | $50,001 - $100K | $201 - $1,000 | 3.2.14 | ||
| BlackRock Strategic Income Opportunities Portfolio Institutional Shares (BSIIX) | $100K - $250K | $1,001 - $2,500 | 3.2.15 | ||
| JPMorgan Income Fund Class I Shares (JMSIX) | $50,001 - $100K | $1,001 - $2,500 | 3.2.16 | ||
| Ishares 20 Plus Years (TLT) | $1,001 - $15,000 | None (or less than $201) | 3.2.17 | ||
| cash | $50,001 - $100K | None (or less than $201) | 3.2.18 | ||
| Individual 401K ...773 | $100K - $250K | None (or less than $201) | 3.3 | ||
| cash | $50,001 - $100K | None (or less than $201) | 3.3.1 | ||
| Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC) | $15,001 - $50,000 | $201 - $1,000 | 3.3.2 | ||
| Goldman Sachs ActiveBeta International Equity ETF (GSIE) | $1,001 - $15,000 | None (or less than $201) | 3.3.3 | ||
| ISHARES Core S&P Small-Cap ETF (IJR) | $1,001 - $15,000 | $201 - $1,000 | 3.3.4 | ||
| iShares Edge MSCI USA Momentum Factor ETF (MTUM) | $15,001 - $50,000 | $201 - $1,000 | 3.3.5 | ||
| iShares Edge MSCI USA Value Factor ETF (VLUE) | $15,001 - $50,000 | $201 - $1,000 | 3.3.6 | ||
| Ishares Russell 1000 Growth ETF (IWF) | $15,001 - $50,000 | None (or less than $201) | 3.3.7 | ||
| Ishares 20 Plus Years (TLT) | $15,001 - $50,000 | None (or less than $201) | 3.3.8 | ||
| JPMorgan Ultra-Short Income ETF (JPST) | $1,001 - $15,000 | $201 - $1,000 | 3.3.9 |
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. |
|---|---|---|---|
| Patriot Industrial Partners, Inc. | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. (2020-01-01) | 1 |
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)
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. |
|---|---|---|---|---|---|
| ZK 529 | $1,001 - $15,000 | None (or less than $201) | 1 | ||
| AK 529 | $1,001 - $15,000 | None (or less than $201) | 2 | ||
| KS Rental House | $250K - $500K | None (or less than $201) | 3 | ||
| Johnson and Johnson Stocks | $100K - $250K | $2,501 - $5,000 | Dividends | 4 | |
| JPMorgan 100% US Treasury Securities Money Market Fund Premier Shares (VHPXX) | $100K - $250K | $5,001 - $15,000 | Capital Gains | 5 | |
| Checking & Savings | $15,001 - $50,000 | None (or less than $201) | 6 |
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. |
|---|---|---|---|
| Core First Bank & Trust | type: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2023, rate: 7%, term: 30 | 1 |
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.
