Stuart Levenbach
The data on this page comes from a financial disclosure filed by Stuart Levenbach, who was picked to be: Associate Director for Natural Resources, Energy, Science, and Water, Office of Management and Budget in February, 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. |
|---|---|---|---|
| Johns Hopkins Univeristy | Adjunct Faculty, 4/2024 - Present | 1 | |
| Baker Hughes Company | Executive for Global Policy and Funding Solutions; Director for Government Affairs and Public Policy for the Americas, 9/2021 - 2/2025 | 2 | |
| Levenbach Natural Resource Policy Solutions, LLC | Owner, Managing Member, and Consultant, 1/2021 - 1/2025 | 3 |
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. |
|---|---|---|---|---|---|
| Johns Hopkins Univeristy | $22,500 | Compensation for teaching as Adjunct Faculty | 1 | ||
| IRA #1 | 2 | ||||
| Fidelity Government Money Market Fund (SPAXX) | $50,001 - $100K | None (or less than $201) | 2.1 | ||
| IRA #2 | 3 | ||||
| Fidelity Government Money Market Fund (SPAXX) | $250K - $500K | None (or less than $201) | 3.1 | ||
| Baker Hughes 401(k) plan | 4 | ||||
| S&P 500 Index Fund | $50,001 - $100K | None (or less than $201) | 4.1 | ||
| Stable Value (cash) | $100K - $250K | None (or less than $201) | 4.2 | ||
| BROKERAGE ACCOUNT | 5 | ||||
| Fidelity Treasury Money Market FundFidelity Treasury Money Market (FZFXX) | $100K - $250K | $201 - $1,000 | 5.1 | ||
| BAKER HUGHES CO (BKR) | None (or less than $1,001) | $100K - $1M | Capital Gains Dividends | 5.2 | |
| Levenbach Natural Resource Policy Solutions, LLC | None (or less than $1,001) | $15,712 | Consulting fees | 6 | |
| Baker Hughes Co. | $506K | Salary and bonus | 7 |
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. |
|---|---|---|---|
| Johns Hopkins Univeristy | In my personal capacity, I continue to hold the position of Adjunct Faculty Member and remain eligible to teach at Johns Hopkins University. However, I am not currently teaching a course and will not do so during my government service. I do not receive pay or benefits when I am not teaching. I have received no compensation from JHU since before the start of my OMB appointment. (2024-04-01) | 1 | |
| Baker Hughes | I continue to participate in this defined contribution plan. The plan sponsor, Baker Hughes, ceased making contributions upon the end of my employment with them. (2021-09-01) | 2 | |
| Levenbach Natural Resource Policy Solutions, LLC | My consulting business is dormant and inactive. It will remain dormant and inactive throughout my government service. There have been no client fees received since I entered government service, and none will be accepted during my government service. There are no outstanding client fees. (2025-01-01) | 3 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
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)
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.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
