National Security

For some Cabinet members, service can be costly

By Jamie McIntyre

Published January 7, 2017 5:01am ET

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For some Cabinet members, service can be costly — Rex Tillerson, former chief executive officer of Exxon Mobile Corp. and U.S. secretary of state nominee for president-elect Donald Trump, met with Senate Majority Leader Mitch McConnell, R-Ky., on Capitol Hill on Jan. 4. (Graeme Jennings/Examiner)

As Cabinet nominees head to Capitol Hill next week, they’ll be pledging to senators their willingness to give all their time and effort to the job. But in some cases, they’ll be giving up a whole lot more if they’re confirmed.

Take the case of Rex Tillerson, the CEO of Exxon Mobil, who earned an estimated $24.3 million in 2016, but if confirmed as secretary of state would be entitled to a government salary of $203,700.

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Biden Transition Budgets and Deficits Defense Department of Defense (Department of War) Elections Jamie McIntyre Jim Mattis Minusextra Rex Tillerson