Former Deputy Secretary, Department of the Treasury
Michael W. Faulkender
Second Trump administration.
- Assets disclosed
- $1.2M to $2.9M
- Outside pay
- $144,386
- Trades disclosed
- 1
- Left office
- Aug 2025
Assets disclosed: on the 2025 termination filing. The values on Faulkender’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: 2 items, 2025 exit 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: Jun 2025. Transactions on 278-T reports and annual reports, which include a spouse’s and dependent children’s.
Left office: Mar 26, 2025 to Aug 22, 2025.
Start date: the cabinet record.
Leaving date: en.wikipedia.org.
Outside pay
On the 2025 exit form
$144,386
in all
- Salary and wages
- 95.9%$138K
- Fees, honoraria and services
- 4.1%$6K
- Largest payerUniversity of Maryland
- $138,418
- PayersNamed on the form
- 2
Trades
Disclosed on periodic and annual reports, by year
All in 2025
1 trades, Jun 2025
- Bought0% of trades
- 0
- Sold100% of trades
- 1
0 of the 1 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
100% of trades
1
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$1K
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
- $1.2M to $2.9M
- Disclosed liabilities
- None disclosed
A net worth for Michael W. Faulkender 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 24 line items, plus 9 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: 2025 termination filing.
Outside pay
On the 2025 exit form
2025 exit report
$144,386
2025 exit report
$144,386
- Salary and wagesUniversity of Maryland$138,418
- Fees, honoraria and servicesAmerica First Policy Institute$5,968
The amounts the latest form gives to the dollar, paid to the official outside the public salary. An exit form covers the last stretch in office.
Sources: OGE Form 278 reports, Part 2, released by the Office of Government Ethics. Pay for the public post is set by law and is not on the form. Open the form.
Disclosures: Office of Government Ethics, read through Oct 24, 2026. Latest filing: 2025 termination filing.
Holdings
On the 2025 termination filing, largest range first
- CREF Equity Index R3$250K to $500K
- Nuveen LifeCycle lx 2040 R6$250K to $500K
- Vanguard Cash Reserves Federal Money Market (VMRXX)$100K to $250K
- Portfolio 2027$100K to $250K
- CREF Global Equities R3$100K to $250K
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: 2025 termination filing.
Trades
1 disclosed transaction, Jun 2025
All in 2025
1 trades, Jun 2025
What was traded
- Individual stock
100% of trades
1
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$1K
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
1 disclosed transaction, 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 1 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: 2025 termination filing.