Paras Malik
The data on this page comes from a financial disclosure filed by Paras Malik, who was picked to be: Counselor, Department of the Treasury in March, 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. |
|---|---|---|---|
| Boston Consulting Group | Managing Director and Partner, 10/2016 - 3/2025 | 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. |
|---|---|---|---|---|---|
| IRA #1 | $100K - $250K | None (or less than $201) | 1 | ||
| Vanguard Dividend Growth Fund Investor Shares (VDIGX) | $50,001 - $100K | None (or less than $201) | 1.1 | ||
| Schwab 1000 Index Fund (SNXFX) | None (or less than $1,001) | None (or less than $201) | 1.2 | ||
| Parnassus Mid Cap Fund Investor Class Shares (PARMX) | $15,001 - $50,000 | None (or less than $201) | 1.3 | ||
| Homestead Funds, Inc Small-Company Stock Fund (HSCSX) | $15,001 - $50,000 | None (or less than $201) | 1.4 | ||
| Goldman Sachs Global Core Fixed Income Fund Class A Shares (GSGIX) | $15,001 - $50,000 | None (or less than $201) | 1.5 | ||
| Fidelity Total Bond FundFidelity Total Bond Shares (FTBFX) | $15,001 - $50,000 | None (or less than $201) | 1.6 | ||
| Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) | $1,001 - $15,000 | None (or less than $201) | 1.7 | ||
| Vanguard Long-Term Bond Index Fund Admiral Class Shares (VBLAX) | $1,001 - $15,000 | None (or less than $201) | 1.8 | ||
| Pioneer Real Estate Shares Class C Shares (PCREX) | None (or less than $1,001) | None (or less than $201) | 1.9 | ||
| cash | $15,001 - $50,000 | None (or less than $201) | 1.10 | ||
| Boston Consulting Group 401(k) Plan | 2 | ||||
| Vanguard Target Retirement Trust Select | $250K - $500K | None (or less than $201) | 2.1 | ||
| Boston Consulting Group (Strategy consulting firm) | Salary | 3 | |||
| Boston Consulting Group | $111K | Bonus | 4 | ||
| Boston Consulting Group deferred compensation | $100K - $250K | None (or less than $201) | RSPB - $45,000 (December 2025) Long Term Deferred Compensation - $100,000 (2026) | 5 |
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. |
|---|---|---|---|
| Boston Consulting Group | Pursuant to my employment agreement, I received an annual bonus for services rendered in 2024. The bonus was paid on May 15, 2025. (2025-04-01) | 1 | |
| Boston Consulting Group | I continue to participate in this defined contribution plan. The plan sponsor ceased making contributions at my separation. (2016-10-01) | 2 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| Boston Consulting Group | Partner | 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)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| New Providence Acquistion (Finance Company) | salary | 1 | |||
| Deloitte 401(k) Plan | 2 | ||||
| Vanguard Target Retirement 2025 Fund Investor Class Shares (VTTVX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Vanguard Institutional Target Retirement 2050 Fund Institutional Class Shares (VTRLX) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Crow LLP 401(k) Plan | 3 | ||||
| Vanguard Total Stock Market Index Fund Institutional Plus Class Shares (VSMPX) | None (or less than $201) | 3.1 | |||
| Vanguard Institutional Total International Stock Market Index Trust II (VTIAX) | None (or less than $201) | 3.2 | |||
| Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) | None (or less than $201) | 3.3 | |||
| Vanguard Total International Bond II Index Fund (VTBLX) | None (or less than $201) | 3.4 | |||
| Grant Thorton 401(k) Plan | 4 | ||||
| Capital Group 2050 Target Date Retirement Trust TD2 | $15,001 - $50,000 | None (or less than $201) | 4.1 | ||
| IRA #2 | 5 | ||||
| Fidelity Freedom Blend 2050 Fund (FHAPX) | $100K - $250K | None (or less than $201) | 5.1 | ||
| New Providence Acquisition Corp SPAC | None (or less than $201) | 6 |
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. |
|---|---|---|---|---|---|
| Nvidia Corp. (NVDA) | $15,001 - $50,000 | None (or less than $201) | 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.
