Jay Schwarz
The data on this page comes from a financial disclosure filed by Jay Schwarz, who was picked to be: Chief, Space Bureau, Federal Communications Commission 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. |
|---|---|---|---|
| Comcast Corporation | Vice President of Public Policy, 11/2018 - 1/2025 | 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. |
|---|---|---|---|---|---|
| Comcast Corporation, stock options (value not readily ascertainable) | None (or less than $1,001) | None (or less than $201) | Strike price $46.39 Expires 5/25 3,519 options vest 3/23 3,519 options vest 3/24 3,519 options vest 1/25 Strike price $54.45 Expires 5/25 2,160 options vest 3/23 2,160 options vest 3/24 2,160 options vest 1/25 Strike price $42.52 Expires 5/25 2,980 options vest 3/23 2,980 options vest 3/24 2,980 options vest 1/25 | 1 | |
| Comcast Corporation, deferred compensation | $1,001 - $15,000 | $124 | Fixed interest payment from Comcast | Total value is $3803, with my contribution being approximately $3680. | 2 |
| Comcast Corporation | $762K | Salary/Bonus | 3 | ||
| Comcast Corporation, stock and restricted stock units | None (or less than $1,001) | $100K - $1M | Capital Gains Dividends | 4 | |
| Comcast Corp., 401(k) | 5 | ||||
| Spartan 500 Index Pool Class F | $100K - $250K | None (or less than $201) | 5.1 | ||
| Spartan Global ex US Index Pool Class G | $50,001 - $100K | None (or less than $201) | 5.2 | ||
| Small Cap Index fund | $50,001 - $100K | None (or less than $201) | 5.3 |
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. |
|---|---|---|---|
| Comcast Corporation | Unvested options forfeited upon resignation. Vested stock options expire 90 days after resignation. If exercised before then, I will divest all stock within 90 days of my government appointment. (2020-03-01) | 1 | |
| Comcast Corporation | Comcast, restricted stock units, all unvested RSUs expired upon resignation. (2018-11-01) | 2 | |
| Comcast Corporation | Pursuant to contractual agreement available to Comcast employees above a certain salary threshold, I deferred a portion of my salary into an account in which Comcast pays a fixed amount of interest. This is a continuing payment by Comcast but I make no further contributions. (2024-03-01) | 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. |
|---|---|---|---|
| Comcast Corporation | Services as Vice President of Public Policy | 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. |
|---|---|---|---|---|---|
| Birchtree Photography by Mary Schwarz (Photography services) | LLC distribution | 1 | |||
| Roth IRA M | 2 | ||||
| VANGUARD S&P 500 ETF (VOO) | $15,001 - $50,000 | None (or less than $201) | 2.1 | ||
| Vanguard Large-Cap Index Fund ETF Shares (VV) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Vanguard Value Index Fund ETF Shares (VTV) | $15,001 - $50,000 | None (or less than $201) | 2.3 | ||
| Cigna, defined benefit plan (value not readily ascertainable) | None (or less than $201) | 3 |
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. |
|---|---|---|---|---|---|
| Brokerage 1 | $250K - $500K | $2,501 - $5,000 | Dividends | 1 | |
| iShares Gold Trust Micro (IAUM) | $1,001 - $15,000 | None (or less than $201) | 1.1 | ||
| IShares S&P 100 ETF (OEF) | $50,001 - $100K | $201 - $1,000 | 1.2 | ||
| Vanguard Information Technology Index Fund ETF Class Shares (VGT) | $50,001 - $100K | $201 - $1,000 | 1.3 | ||
| Vanguard Large-Cap Index Fund ETF Shares (VV) | $100K - $250K | $1,001 - $2,500 | 1.4 | ||
| Money Market | $250K - $500K | $2,501 - $5,000 | Interest | 1.5 | |
| Roth IRA J | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| Vanguard 500 Index Fund ETF Shares (VOO) | $15,001 - $50,000 | None (or less than $201) | 2.1 | ||
| Vanguard Large-Cap Index Fund ETF Shares (VV) | $15,001 - $50,000 | None (or less than $201) | 2.2 | ||
| Brokerage 2 | None (or less than $1,001) | None (or less than $201) | 3 | ||
| VanguardEmerging Markets Government Bond Index Fund ETF Shares (VWOB) | None (or less than $1,001) | None (or less than $201) | 3.1 | ||
| Brokerage D1 | None (or less than $1,001) | None (or less than $201) | 4 | ||
| Schwab S&P 500 Index Fund (SWPPX) | None (or less than $1,001) | None (or less than $201) | 4.1 | ||
| Brokerage D2 | None (or less than $1,001) | None (or less than $201) | 5 | ||
| Schwab S&P 500 Index Fund (SWPPX) | None (or less than $1,001) | None (or less than $201) | 5.1 | ||
| Rollover IRA | $1,001 - $15,000 | None (or less than $201) | 6 | ||
| Wells Fargo Large Company Value Fund Class A Shares (WLCAX) | $1,001 - $15,000 | None (or less than $201) | 6.1 | ||
| Maryland 529 Account 1 | $1,001 - $15,000 | None (or less than $201) | 7 | ||
| Global Equity Market Index Portfolio | $1,001 - $15,000 | None (or less than $201) | 7.1 | ||
| Maryland 529 Account 2 | 8 | ||||
| Global Equity Market Index Portfolio | $1,001 - $15,000 | None (or less than $201) | 8.1 | ||
| U.S. bank Cash Savings 1 | $15,001 - $50,000 | None (or less than $201) | 9 | ||
| U.S. bank Checking 1 | $1,001 - $15,000 | None (or less than $201) | 10 | ||
| U.S. bank Checking 2 | $1,001 - $15,000 | None (or less than $201) | 11 |
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.
