Director, Office of Science and Technology Policy
Michael J. Kratsios
Second Trump administration.
- Assets disclosed
- At least $8.7M
- Outside pay
- $21,953
- Trades disclosed
- 74
- In office since
- Mar 2025
Assets disclosed: on the 2026 annual filing. The values on Kratsios’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: from Scale AI, Inc., 2025 annual form. 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 2025 to Sep 2026. Transactions on 278-T reports and annual reports, which include a spouse’s and dependent children’s.
In office since: took office Mar 25, 2025.
Start date: the cabinet record.
Largest holdings
On the 2026 annual filing
- Residential Real Estate, London, UKAt least $1M
- U.S. bank #1 (Cash)$5M to $25M
- Schwab S&P 500 Index Fund (SWPPX)$1M to $5M
- Vanguard Target Retirement 2055 Fund Investor Shares (VFFVX)$500K to $1M
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)$250K to $500K
- Assets listedEach with a value range
- 37
- Without a valueListed with no dollar range
- 10
Trades
Disclosed on periodic and annual reports, by year
- Bought58% of trades
- 43
- Sold42% of trades
- 31
0 of the 74 trades with a filing date to check were reported after 45 days plus any extension the filing states.
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
2% of trades
1 - Funds and ETFs
96% of trades
71 - Bonds
1% of trades
1 - Other assets
1% of trades
1
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$7.8M
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
- At least $8.7M
- Disclosed liabilities
- $1.5M to $6M
A net worth for Michael J. Kratsios cannot be computed from this filing: values are given as ranges, some items carry no value, the highest range has no upper limit, and a home kept for personal use is not reported.
- Disclosed assets:
- as ranges on 37 line items, plus 10 without a dollar value; 1 of those ranges is open ended
- Disclosed liabilities:
- as ranges on 2 line items
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
The form lists each debt over $10,000 owed at any time during the period it covers, including one repaid before the period ended. A few kinds are left off, such as a debt to a close relative.
Kept since Aug 27, 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: 2026 annual filing.
Holdings
On the 2026 annual filing, largest range first
- Residential Real Estate, London, UKAt least $1M
- U.S. bank #1 (Cash)$5M to $25M
- Schwab S&P 500 Index Fund (SWPPX)$1M to $5M
- Vanguard Target Retirement 2055 Fund Investor Shares (VFFVX)$500K to $1M
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)$250K to $500K
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
The form lists each debt over $10,000 owed at any time during the period it covers, including one repaid before the period ended. A few kinds are left off, such as a debt to a close relative.
Kept since Aug 27, 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: 2026 annual filing.
Trades
74 disclosed transactions, Feb 2025 to Sep 2026
What was traded
- Individual stock
2% of trades
1 - Funds and ETFs
96% of trades
71 - Bonds
1% of trades
1 - Other assets
1% of trades
1
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$7.8M
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
- VTIP
Sold · Sep 10, 2026
$15,001 to $50,000 - VTIP
Sold · Sep 10, 2026
$15,001 to $50,000
74 disclosed transactions, as filed on the official’s OGE 278-T. Amounts are ranges, never exact, and every row links to the official filing.
0 of the 74 trades with a filing date to check were reported after 45 days plus any extension the filing states.
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: 2026 annual filing.