Michael J. Rigas
The data on this page comes from a financial disclosure filed by Michael J. Rigas, who was picked to be: Senior Advisor to the Director, 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)
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. |
|---|---|---|---|---|---|
| Trump Vance Transition | $66,089 | Salary | 1 | ||
| AMERICA FIRST POLICY INSTITUTE | $187K | Salary/Bonus | 2 | ||
| IRA Account | 3 | ||||
| Vanguard S&P 500 Growth Fund | $500K - $1M | None (or less than $201) | 3.1 | ||
| Commonwealth of Massachusetts defined benefit plan (value not readily ascertainable) | None (or less than $201) | Filer worked for two years in state government and does not have a vested interest in this defined benefit plan. | 4 |
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. |
|---|---|---|---|
| Commonwealth of Massachusetts | I will continue to participate in this defined benefit plan but will not make further contributions. (2015-04-01) | 1 |
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)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Services as an Independent contractor (consulting) | $15,001 - $50,000 | consulting fees | As of 1/20/25, filer's spouse ceased performing this consulting work. | 1 | |
| IRA Account | 2 | ||||
| Vanguard S&P 500 Index Admiral Fund | $50,001 - $100K | None (or less than $201) | 2.1 | ||
| U.S. brokerage account (Cash) | $15,001 - $50,000 | None (or less than $201) | 2.2 |
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. |
|---|---|---|---|---|---|
| Residential Real Estate, Boston, MA | $500K - $1M | $50,001 - $100K | Rent or Royalties | 1 | |
| Residential Real Estate, Revere, MA | $500K - $1M | $15,001 - $50,000 | Rent or Royalties | 2 | |
| US bank checking account #1 (cash) | $15,001 - $50,000 | None (or less than $201) | 3 | ||
| US bank checking account #2 (cash) | $1,001 - $15,000 | None (or less than $201) | 4 | ||
| BROKERAGE ACCOUNT | None (or less than $1,001) | None (or less than $201) | 5 | ||
| Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG) | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| Northwestern Mutual, Whole Life | $15,001 - $50,000 | $201 - $1,000 | Dividends | 6 | |
| Northwestern Mutual, Whole Life | None (or less than $1,001) | $13,419 | Dividend + loans | 7 | |
| Northwestern Mutual, Whole Life | $1,001 - $15,000 | $201 - $1,000 | Dividends | 8 | |
| Northwestern Mutual, Whole Life | $1,001 - $15,000 | $201 - $1,000 | Dividends | 9 |
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. |
|---|---|---|---|
| Federal Savings Bank | type: Mortgage (investment/rent al property), amount: $500,001 - $1,000,000, year-incurred: 2020, rate: 3.625, term: 30 years | 1 | |
| Federal Savings Bank | type: Mortgage (investment/rent al property), amount: $100,001 - $250,000, year-incurred: 2016, rate: 3.375, term: 30 years | 2 | |
| Eastern Bank | type: Credit Card, amount: $10,001 - $15,000, year-incurred: 2024, rate: 0, term: revolving | 3 | |
| PENFED Credit Union | type: Mortgage on Personal Residence, amount: $50,001 - $100,000, year-incurred: 2020, rate: 8.75, term: 20 years | 4 | |
| PENFED Credit Union | type: Mortgage on Personal Residence, amount: $15,001 - $50,000, year-incurred: 2020, rate: 5.75, term: 20 years | 5 |
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.
