Timothy Petty
The data on this page comes from a financial disclosure filed by Timothy Petty, who was picked to be: Assistant Secretary for Oceans and Atmosphere, Department of Commerce. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
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. |
|---|---|---|---|---|---|
| Endowment for Community Leadership | Salary | 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)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| U.S. bank account (Cash) | $250K - $500K | $5,001 - $15,000 | Interest | 1 | |
| American Insurance Group, fixed annuity | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| Athene, fixed annuity | $1,001 - $15,000 | None (or less than $201) | 3 | ||
| Protective Life Insurance, whole life | $15,001 - $50,000 | None (or less than $201) | 4 | ||
| RiverSource Life Insurance, variable life | 5 | ||||
| Invesco Global Core Equity Fund Class A Shares (AWSAX) | $1,001 - $15,000 | None (or less than $201) | 5.1 | ||
| Putnam Sustainable Leaders Fund Class A Shares (PNOPX) | $1,001 - $15,000 | None (or less than $201) | 5.2 | ||
| Columbia Disciplined Core Fund Class A Shares (AQEAX) | $1,001 - $15,000 | None (or less than $201) | 5.3 | ||
| Columbia Balanced Fund Class A Shares (CBLAX) | $1,001 - $15,000 | None (or less than $201) | 5.4 | ||
| Fidelity Mid-Cap Stock Fund (FMCSX) | $1,001 - $15,000 | None (or less than $201) | 5.5 | ||
| IRA #1 | 6 | ||||
| Vanguard European Stock Index Fund ETF Shares (VGK) | $1,001 - $15,000 | None (or less than $201) | 6.1 | ||
| IRA #2 | 7 | ||||
| Invesco American Franchise Fund Class A Shares (VAFAX) | $1,001 - $15,000 | None (or less than $201) | 7.1 | ||
| Invesco European Growth Fund Inv Cl Shs (EGINX) | $1,001 - $15,000 | None (or less than $201) | 7.2 | ||
| Invesco Oppenheimer Gold & Special Minerals Fund Class A Shares (OPGSX) | $1,001 - $15,000 | None (or less than $201) | 7.3 | ||
| Invesco High Yield Fund Inv Cl Shs (HYINX) | $1,001 - $15,000 | None (or less than $201) | 7.4 | ||
| ROTH IRA #1 | 8 | ||||
| Schwab 5-10 Year Corporate Bond ETF (SCHI) | $1,001 - $15,000 | None (or less than $201) | 8.1 | ||
| Schwab Fundamental International Large Company Index ETF (FNDF) | $1,001 - $15,000 | None (or less than $201) | 8.2 | ||
| Schwab Fundamental US Large Company Index ETF (FNDX) | $1,001 - $15,000 | None (or less than $201) | 8.3 | ||
| Schwab Fundamental US Small Company Index ETF (FNDA) | $1,001 - $15,000 | None (or less than $201) | 8.4 | ||
| Schwab Intermediate-Term US Treasury ETF (SCHR) | $1,001 - $15,000 | None (or less than $201) | 8.5 | ||
| SCHWAB INTERNATIONAL EQUITY ETF (SCHF) | $1,001 - $15,000 | None (or less than $201) | 8.6 | ||
| SCHWAB US LARGE-CAP ETF (SCHX) | $1,001 - $15,000 | None (or less than $201) | 8.7 | ||
| Schwab US REIT ETF (SCHH) | $1,001 - $15,000 | None (or less than $201) | 8.8 | ||
| SCHWAB US SMALL-CAP ETF (SCHA) | $1,001 - $15,000 | None (or less than $201) | 8.9 | ||
| Schwab US Tips ETF (SCHP) | $1,001 - $15,000 | None (or less than $201) | 8.10 | ||
| IRA #3 | 9 | ||||
| Invesco Technology Fund Investor Class Shares (FTCHX) | $1,001 - $15,000 | None (or less than $201) | 9.1 | ||
| Vanguard Mortgage-Backed Securities Index Fund Admiral Class Shares (VMBSX) | $1,001 - $15,000 | None (or less than $201) | 9.2 | ||
| IRA #4 | 10 | ||||
| Columbia Select Small Cap Value Fund Class A Shares (SSCVX) | $1,001 - $15,000 | None (or less than $201) | 10.1 | ||
| Columbia Disciplined Core Fund Class A Shares (AQEAX) | $1,001 - $15,000 | None (or less than $201) | 10.2 | ||
| IRA #5 | 11 | ||||
| First Trust NASDAQ Technology Dividend Index Fund (TDIV) | $15,001 - $50,000 | None (or less than $201) | 11.1 | ||
| SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) | $1,001 - $15,000 | None (or less than $201) | 11.2 | ||
| iShares Core S&P Total US Stock Market ETF (ITOT) | $1,001 - $15,000 | None (or less than $201) | 11.3 | ||
| First Trust Value Line Dividend Index Fund (FVD) | $15,001 - $50,000 | None (or less than $201) | 11.4 | ||
| SunAmerica Core Bridge, Polaris Plus Variable Annuity | 12 | ||||
| SA AB Growth Portfolio Class 3 | $15,001 - $50,000 | None (or less than $201) | 12.1 | ||
| SA JPMorgan Global Equities Portfolio Class 3 | $1,001 - $15,000 | None (or less than $201) | 12.2 | ||
| SA Putnam International Growth and Income Portfolio Class 3 | $15,001 - $50,000 | None (or less than $201) | 12.3 | ||
| SA Wellington Capital Appreciation Portfolio Class 3 | $15,001 - $50,000 | None (or less than $201) | 12.4 | ||
| SA Franklin Small Company Value Portfolio Class 3 | $1,001 - $15,000 | None (or less than $201) | 12.5 | ||
| ROTH IRA #2 | 13 | ||||
| ARK Innovation ETF (ARKK) | $15,001 - $50,000 | None (or less than $201) | 13.1 | ||
| Health Care Select Sector SPDR Fund (XLV) | $15,001 - $50,000 | None (or less than $201) | 13.2 | ||
| Roth IRA #3 | 14 | ||||
| Technology Select Sector SPDR Fund (XLK) | $15,001 - $50,000 | None (or less than $201) | 14.1 | ||
| Materials Select Sector SPDR Fund (XLB) | $15,001 - $50,000 | None (or less than $201) | 14.2 | ||
| Utilities Select Sector SPDR Fund (XLU) | $15,001 - $50,000 | None (or less than $201) | 14.3 | ||
| U.S. brokerage money market account #1 (cash) | $100K - $250K | None (or less than $201) | 15 | ||
| U.S. brokerage money market account #2 (cash) | $100K - $250K | None (or less than $201) | 16 |
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. |
|---|---|---|---|
| U.S. Bank | type: Mortgage on Personal Residence, amount: $15,001 - $50,000, year-incurred: 2011, rate: 4.375%, term: 30 years | 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.
