Former Secretary, Department of Transportation
Elaine L. Chao
First Trump administration.
- Assets disclosed
- $14M to $60M
- Outside pay
- Not shown
- Trades disclosed
- 50
- Took office
- Jan 2017
Assets disclosed: on the 2021 termination filing. The values on Chao’s latest financial disclosure to the Office of Government Ethics, added up as ranges, because the form gives ranges and never exact values.
Outside pay: shown for the current administration only. What the latest form reports was paid to the official to the dollar, outside the public salary, which is set by law.
Trades disclosed: Feb 2019 to Dec 2020. Transactions on 278-T reports and annual reports, which include a spouse’s and dependent children’s.
Took office: no leaving date on record.
Outside pay is kept for the current administration only. The Office of Government Ethics drops officials from its public portal after they leave, and by law it destroys most reports six years after they are filed. We saved some earlier reports before they went, but no complete set for any earlier administration survives, and a partial record shown as if it were whole would mislead.
Start date: the cabinet record.
Largest holdings
On the 2021 termination filing
- VFIAX - Vanguard 500 Index Admiral
Line 3 of the filing
$5M to $25M - VMSXX - Vanguard Municipal Money Market$1M to $5M
- Real Property with Carriage House Rental - Washington, DC$1M to $5M
- VFIAX - Vanguard 500 Index Admiral
Line 10.1 of the filing
$1M to $5M - VUSXX - Vanguard Treasury Money Market$1M to $5M
- Assets listedEach with a value range
- 69
- Without a valueListed with no dollar range
- 15
Trades
Disclosed on periodic and annual reports, by year
- Bought86% of trades
- 43
- Sold14% of trades
- 7
0 of the 2 trades with a filing date to check were reported after 45 days plus any extension the filing states. The other 48 carry no filing date that can be checked.
The executive financial disclosure reports the official’s transactions together with those of a spouse and dependent children, and does not mark which is which. These trades are shown as disclosed. They should not be read as the official personally trading.
What was traded
- Individual stock
12% of trades
6 - Funds and ETFs
84% of trades
42 - Other assets
4% of trades
2
Past the deadline
0
Of the 2 trades with a filing date to check, after 45 days plus any extension the filing states
Estimated volume
$955K
The forms give each trade as a range of dollars. This adds the low end of every range, so the real volume is at least this and could be much more.
Net worth
Reported as ranges, so no single net worth
- Disclosed assets
- $14M to $60M
- Disclosed liabilities
- None disclosed
A net worth for Elaine L. Chao cannot be computed from this filing: values are given as ranges, some items carry no value, and a home kept for personal use is not reported.
- Disclosed assets:
- as ranges on 69 line items, plus 15 without a dollar value
- Disclosed liabilities:
- none reported on this filing
These are the lower and upper bounds of the ranges on the filing, not a market valuation. Assets and liabilities are shown separately and are never netted into a net worth. How these bands are read
Kept since Aug 28, 2026. Federal law generally requires a filing to be destroyed six years after it was received, unless it is needed in an ongoing investigation.
Disclosures: Office of Government Ethics, read through Oct 24, 2026. Latest filing: 2021 termination filing.
Holdings
On the 2021 termination filing, largest range first
- VFIAX - Vanguard 500 Index Admiral
Line 3 of the filing
$5M to $25M - VMSXX - Vanguard Municipal Money Market
Line 2 of the filing
$1M to $5M - Real Property with Carriage House Rental - Washington, DC$1M to $5M
- VFIAX - Vanguard 500 Index Admiral
Line 10.1 of the filing
$1M to $5M - VUSXX - Vanguard Treasury Money Market$1M to $5M
These are the lower and upper bounds of the ranges on the filing, not a market valuation. Assets and liabilities are shown separately and are never netted into a net worth. How these bands are read
Kept since Aug 28, 2026. Federal law generally requires a filing to be destroyed six years after it was received, unless it is needed in an ongoing investigation.
Disclosures: Office of Government Ethics, read through Oct 24, 2026. Latest filing: 2021 termination filing.
Trades
50 disclosed transactions, Feb 2019 to Dec 2020
What was traded
- Individual stock
12% of trades
6 - Funds and ETFs
84% of trades
42 - Other assets
4% of trades
2
Past the deadline
0
Of the 2 trades with a filing date to check, after 45 days plus any extension the filing states
Estimated volume
$955K
The forms give each trade as a range of dollars. This adds the low end of every range, so the real volume is at least this and could be much more.
Disclosed transactions
Newest first, five a page, each with its filing
Bought unless marked · Unspecified, every row
50 disclosed transactions, 48 of them only in the annual report. Amounts are ranges, never exact, and every row links to the official filing. A symbol marked with an asterisk was matched from the company name on the filing. The filer did not write a symbol down.
0 of the 2 trades with a filing date to check were reported after 45 days plus any extension the filing states. The other 48 carry no filing date that can be checked.
The executive financial disclosure reports the official’s transactions together with those of a spouse and dependent children, and does not mark which is which. These trades are shown as disclosed. They should not be read as the official personally trading.
Disclosures: Office of Government Ethics, read through Oct 24, 2026. Latest filing: 2021 termination filing.