Thomas M. Williams
The data on this page comes from a financial disclosure filed by Thomas M. Williams, who was picked to be: Associate Director for Defense, Office of Management and Budget. 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. |
|---|---|---|---|---|---|
| PrivateTech (d.b.a. Cape) (Cape is a secure mobile telecom provider) | $87,473 | Salary/Bonus | 1 | ||
| Astra Space Operations LLC, restricted stock units | None (or less than $1,001) | $2,219 | Cash Payout | Astra Space Operations was subject to a take-private transaction in which all existing publicly-traded shares were purchased by an investor group. The vested Astra RSUs I had received as part of my compensation were liquidated in connection with that take-private transaction, and I received a cash payout for my shares (reported here as income). I currently own no equity in Astra Space Operations. | 2 |
| Astra Space Operations LLC (Astra is a small- lift launch and spacecraft propulsion provider) | $473K | Salary/Bonus | 3 |
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. |
|---|---|---|---|---|---|
| Venable LLP (Law firm) | salary, bonus | Spouse does not own, and is not compensated in, equity in her employer. | 1 | ||
| Palantir | salary, bonus, severance | Former employer. | 2 | ||
| Airbnb (Short term rental of garden apartment) | Rental fees received through Airbnb | 3 | |||
| Palantir stock | $1M - $5M | None (or less than $201) | 4 | ||
| Palantir vested stock options | $1M - $5M | None (or less than $201) | 5 | ||
| Vanguard Roth IRA | 6 | ||||
| Vanguard Target Retirement 2060 Fund Investor Class Shares (VTTSX) | $15,001 - $50,000 | None (or less than $201) | 6.1 | ||
| Fidelity Palantir Roth 401k | 7 | ||||
| Vanguard Target Retirement 2060 Fund Investor Class Shares (VTTSX) | $100K - $250K | None (or less than $201) | 7.1 | ||
| Fidelity Jenner & Block Roth 401k | 8 | ||||
| Vanguard Target Retirement 2060 Fund Investor Class Shares (VTTSX) | $50,001 - $100K | None (or less than $201) | 8.1 | ||
| Schwab Venable Roth 401k | 9 | ||||
| Fidelity Freedom Index 2060 Fund Institutional Premium Class Shares (FFLEX) | $50,001 - $100K | None (or less than $201) | 9.1 |
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. |
|---|---|---|---|---|---|
| Invesco QQQ Trust, Series 1 (QQQ) | $15,001 - $50,000 | None (or less than $201) | 1 | ||
| Vanguard Energy Index Fund ETF Class Shares (VDE) | $1,001 - $15,000 | None (or less than $201) | 2 | ||
| Vanguard Financials Index Fund ETF Shares (VFH) | $1,001 - $15,000 | None (or less than $201) | 3 | ||
| Vanguard Information Technology Index Fund ETF Class Shares (VGT) | $1,001 - $15,000 | None (or less than $201) | 4 | ||
| Vanguard Industrials Index Fund ETF Class Shares (VIS) | $1,001 - $15,000 | None (or less than $201) | 5 | ||
| Vanguard 500 Index Fund ETF Shares (VOO) | $1,001 - $15,000 | None (or less than $201) | 6 | ||
| Apple, Inc. (AAPL) | $500K - $1M | $5,001 - $15,000 | 7 | ||
| Amazon.com, Inc. (AMZN) | $1,001 - $15,000 | None (or less than $201) | 8 | ||
| Berkshire Hathaway Inc. (BRKB) | $1,001 - $15,000 | None (or less than $201) | 9 | ||
| Alphabet, Inc. (GOOG) | $1,001 - $15,000 | None (or less than $201) | 10 | ||
| Goldman Sachs Group Inc (gs) | $15,001 - $50,000 | $201 - $1,000 | 11 | ||
| Microsoft Corp. (MSFT) | $1,001 - $15,000 | None (or less than $201) | 12 | ||
| Nvidia Corp. (NVDA) | $1,001 - $15,000 | None (or less than $201) | 13 | ||
| Tesla, Inc. (TSLA) | $1,001 - $15,000 | None (or less than $201) | 14 | ||
| Vanguard Treasury Money Market Fund Investor Shares (VUSXX) | $50,001 - $100K | $5,001 - $15,000 | 15 | ||
| Vanguard Federal Money Market Fund Investor Shares (VMFXX) | $500K - $1M | $201 - $1,000 | 16 | ||
| Schwab S&P 500 Index Fund (SWPPX) | $1,001 - $15,000 | None (or less than $201) | 17 | ||
| Schwab Small-Cap Index Fund (SWSSX) | $1,001 - $15,000 | None (or less than $201) | 18 | ||
| TD Bank Checking Account | $15,001 - $50,000 | None (or less than $201) | 19 | ||
| M&T Bank cash account | $15,001 - $50,000 | None (or less than $201) | 20 | ||
| Chase checking account | $50,001 - $100K | None (or less than $201) | 21 | ||
| eTrade Account (cash only) | $1,001 - $15,000 | None (or less than $201) | 22 | ||
| Vanguard traditional IRA (not associated with any employer) | 23 | ||||
| Vanguard LifeStrategy Growth Fund Investor Shares (VASGX) | $25M - $50M | None (or less than $201) | 23.1 | ||
| Nevada Individual 529 College Savings Account | 24 | ||||
| Vanguard Target Enrollment 2042/2043 Portfolio | $15,001 - $50,000 | None (or less than $201) | 24.1 |
Transactions
Officials are required to disclose the purchase, sale or exchange of property or securities in excess of $1,000. Many top officials are required to file periodic transaction reports (278-T) within 45 days to disclose additional actions. This table combines transactions from regularly scheduled financial disclosures and periodic transaction reports. If the same transaction appears on multiple reports, we’re only showing it once. (Form 278e, Part 7 and Form 278-T)
| Description | Value | Transaction | Endnote | Line No. |
|---|---|---|---|---|
| Cashless exercise of Palantir stock options See Endnote | $1M - $5M | Sale, 2025-05-09
 | On 05/09/25, during a pre-scheduled window within which former Palantir employees are permitted to sell Palantir shares and exercise Palantir stock options, my wife instructed her brokerage firm to execute a cashless exercise of some of her Palantir stock options. Also on 05/09, the brokerage firm executed the cashless exercise per her instruction by (1) exercising the specified Palantir stock options, and then (2) immediately selling the Palantir shares it had just purchased in exercising those options. The total value of each of the following was between $1,000,001 and $5,000,000 at the relevant times on 05/09: (1) the exercised Palantir stock options at time of exercise; (2) the Palantir shares purchased through that exercise (purchase transaction value); (3) and the sale of those just-purchased Palantir shares (sale transaction value). | 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)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| TD BANK | type: Mortgage on Personal Residence, amount: $1,000,001 - $5,000,000, year-incurred: 2021, rate: 2.75%, term: 30-year | 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.
