The U.S. Office of Government Ethics published financial disclosure forms on Thursday morning for Katherine Tai, the Biden administration’s expected nominee for the position of United States Trade Representative. Ms. Tai currently serves as chief trade counsel for the House Ways and Means Committee.
The forms show Ms. Tai’s assets are far more limited than many of the outgoing members of the Trump administration, like Wilbur Ross, the wealthy financier who serves as commerce secretary, and Ms. Tai’s predecessor as trade representative, Robert E. Lighthizer.
Ms. Tai has retirement accounts valued between $70,000 and $350,000, and other investment accounts valued between $425,000 and $1,050,000. She also owns residential real estate in San Francisco valued between $500,000 and $1 million, and has bank accounts with between $350,000 and $750,000 in cash.
But Ms. Tai also has liabilities, namely three mortgages of between $1 million and $2 million, according to the filing.