Jay Payne
The data on this page comes from a financial disclosure filed by Jay Payne, who was picked to be: Chief Counsel, Federal Highway Administration, Department of Transportation in January, 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)
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. |
|---|---|---|---|---|---|
| Ohio Public Employees Retirement System -- State of Ohio, defined benefit plan (value not readily ascertainable) estimated eligible for $300/mo. at age 65 | None (or less than $201) | 1 | |||
| Morgan Stanley Roth IRA | 2 | ||||
| FXAIX Fidelity 500 Index | $250K - $500K | None (or less than $201) | 2.1 | ||
| SCHA - SCHWAB US Small | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| VOT - Vanguard MidCap | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Fidelity Roth IRA (James) | 3 | ||||
| FNILX - Fidelity Zero Large Cap | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| FZROX - Fidelity Zero Total Market | $1,001 - $15,000 | None (or less than $201) | 3.2 | ||
| 457(b) - Roth Ohio Deferred Compensation | 4 | ||||
| Fidelity Contrafund CP | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| US Large Company Stock Index | $1,001 - $15,000 | None (or less than $201) | 4.2 | ||
| Fidelity Growth Company CP | $1,001 - $15,000 | None (or less than $201) | 4.3 | ||
| US Small/Mid Company Stock Index | None (or less than $1,001) | None (or less than $201) | 4.4 | ||
| 457(b) - Traditional Ohio Deferred Compensation (James) | 5 | ||||
| Fidelity Contrafund CP | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| US Large Company Stock Index | $1,001 - $15,000 | None (or less than $201) | 5.2 | ||
| State of Ohio | $115K | Salary | 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)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Ohio Public Employees Retirement System -- State of Ohio | I have not yet vested in the Ohio Public Employees Retirement System (OPERS). I have several years of funds into the pension system. (2021-01-01) | 1 | |
| 457(b) - Roth Ohio Deferred Compensation (James) | I will continue to hold funds in this defined contribution plan, but the plan sponsor nor will I myself make any additional contribution. (2021-02-01) | 2 | |
| 457(b) - Traditional Ohio Deferred Compensation (James) | I will continue to hold funds in this defined contribution plan, but the plan sponsor nor will I myself make any additional contribution. (2021-05-01) | 3 |
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. |
|---|---|---|---|
| State of Ohio | Attorney for the State of Ohio. | 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. |
|---|---|---|---|---|---|
| Natera, Inc. (NTRA) | salary, bonus. | 1 | |||
| Natera ESPP | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| Fidelity 401k - Roth | 3 | ||||
| Fidelity Blue Chip Growth K6 Fund (FBGKX) | None (or less than $1,001) | None (or less than $201) | 3.1 | ||
| Fidelity Flex 500 Index Fund (FDFIX) | $1,001 - $15,000 | None (or less than $201) | 3.2 | ||
| Fidelity Low-Priced Stock Fund Class K Shares (FLPKX) | $15,001 - $50,000 | None (or less than $201) | 3.3 | ||
| Fidelity 401(k) - Traditional | 4 | ||||
| Fidelity Blue Chip Growth K6 Fund (FBGKX) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| Fidelity Flex 500 Index Fund (FDFIX) | $100K - $250K | None (or less than $201) | 4.2 | ||
| Fidelity Low-Priced Stock Fund Class K Shares (FLPKX) | $15,001 - $50,000 | None (or less than $201) | 4.3 | ||
| Morgan Stanley Roth IRA | 5 | ||||
| VOT - Vanguard MidCap | $1,001 - $15,000 | None (or less than $201) | 5.1 | ||
| SCHA - Schwab US Small Cap | $1,001 - $15,000 | None (or less than $201) | 5.2 | ||
| Natera, Inc. (NTRA) RSUs (vested) | $50,001 - $100K | None (or less than $201) | 6 | ||
| Natera, Inc. (NTRA) RSUs (unvested) | $250K - $500K | None (or less than $201) | 7 |
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. |
|---|---|---|---|---|---|
| U.S. Bank #1 (Cash) | $1,001 - $15,000 | None (or less than $201) | Interest | 1 | |
| U.S. Bank #2 (Cash) | $15,001 - $50,000 | None (or less than $201) | Interest | 2 | |
| Ohio 529 Plan | 3 | ||||
| Vanguard Growth Index Fund Admiral Class Shares (VIGAX) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| Schwab HSA | 4 | ||||
| Schwab S&P 500 Index Fund (SWPPX) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| Fidelity Cash Management | 5 | ||||
| SPAXX - Govt Money Market | $50,001 - $100K | $201 - $1,000 | 5.1 | ||
| Residential real estate, Columbus, Ohio | $250K - $500K | $15,001 - $50,000 | Rent or Royalties | 6 | |
| Fidelity HSA | 7 | ||||
| FIDELITY 500 INDEX FUND (FXAIX) | $15,001 - $50,000 | None (or less than $201) | 7.1 | ||
| HSA Choice Invest | 8 | ||||
| Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG) | $1,001 - $15,000 | None (or less than $201) | 8.1 |
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)
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.
