Deputy Secretary, Department of Veterans Affairs
Paul R. Lawrence
Second Trump administration.
- Assets disclosed
- $3M to $10M
- Outside pay
- $510,590
- Trades disclosed
- 3
- In office since
- Mar 2025
Assets disclosed: on the 2025 nominee filing. The values on Lawrence’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 before office, nominee 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: Apr 2025 to May 2025. Transactions on 278-T reports and annual reports, which include a spouse’s and dependent children’s.
In office since: took office Mar 28, 2025.
Start date: the cabinet record.
Outside pay
On the nominee form, filed 2025
$510,590
in all
- Fees, honoraria and services
- 98.0%$501K
- Pensions and retirement pay
- 2.0%$10K
- Largest payerFidelis Technology (Business Management Consulting)
- $225,500
- PayersNamed on the form
- 6
Trades
Disclosed on periodic and annual reports, by year
All in 2025
3 trades, Apr 2025 to May 2025
- Bought0% of trades
- 0
- Sold100% of trades
- 3
0 of the 3 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
33% of trades
1 - Funds and ETFs
67% of trades
2
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$45K
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
- $3M to $10M
- Disclosed liabilities
- $260K to $515K
A net worth for Paul R. Lawrence 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 84 line items, plus 22 without a dollar value
- 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. The filer’s own notes on these debts:
- American Express: “Balance is paid in full on a monthly basis.”
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: 2025 nominee filing.
Outside pay
On the nominee form, filed 2025
Nominee report, filed 2025
$510,590
Nominee report, filed 2025
$510,590
- Fees, honoraria and servicesFidelis Technology (Business Management Consulting)$225,500
- Fees, honoraria and servicesHLP Integration (IT services)$165,000
- Fees, honoraria and servicesBDR Solutions LLC (IT Services)$106,000
- Pensions and retirement payErnst & Young, defined benefit plan (value not readily ascertainable)$6,500
- Fees, honoraria and servicesGeneral Dynamics Information Technology$4,000
The amounts the latest form gives to the dollar, paid to the official outside the public salary. A nominee form is filed before taking office, so its pay is from before 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 nominee filing.
Holdings
On the 2025 nominee filing, largest range first
- T. Rowe Price Retirement 2020 TRRBX$1M to $5M
- Spouse’s employmentFidelity Blue Chip Growth (FBGRX)$500K to $1M
- USAA Nasdaq-100 Index Fund (USNQX)$100K to $250K
- T Rowe Price New Horizons Fund, Inc Class I Shares (PRJIX)$100K to $250K
- SP 500 Index pl cl e$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
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. The filer’s own notes on these debts:
- American Express: “Balance is paid in full on a monthly basis.”
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: 2025 nominee filing.
Trades
3 disclosed transactions, Apr 2025 to May 2025
All in 2025
3 trades, Apr 2025 to May 2025
What was traded
- Individual stock
33% of trades
1 - Funds and ETFs
67% of trades
2
Past the deadline
0
After 45 days plus any extension the filing states
Estimated volume
$45K
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
- THISX
Sold · Unspecified · Apr 28, 2025
$15,001 to $50,000 - FSCSX
Sold · Unspecified · Apr 22, 2025
$15,001 to $50,000
3 disclosed transactions, as filed on the official’s OGE 278-T. 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 3 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 nominee filing.