Steve Bannon Misreported $2 Million in Mortgage Debt in Financial Disclosure

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White House Chief Strategist Steve Bannon at the White House in Washington, on February 16. Kevin Lamarque/Reuters

Donald Trump’s chief strategist, Steve Bannon, incorrectly reported $2 million in mortgage debt in his White House financial declaration form.

Instead of providing details of creditors for the four home loans he reported, Bannon instead wrote "HOME LOAN" on each line, according to a report by the Center for Public Integrity (CPI).

White House Chief Strategist Steve Bannon President Donald Trump’s former chief strategist Steve Bannon is holding his old boss's feet to the fire on guns. Joshua Roberts/Reuters

The error was compounded when White House ethics officials signed off the form, and transmitted it to the Office of Government Ethics.

White House staff must provide details of creditors to ensure they are not receiving preferential treatment from lenders.

Taken together, the loans total $2,012,500 and span more than a decade, according to the CPI, which examined real estate records and property deeds. 

Bannon is a former Goldman Sachs investment banker, filmmaker, and executive editor at right-wing website Breitbart. He joined Donald Trump’s campaign as campaign manager in August 2016, and is regarded as one of the president’s closest advisors.

In April, Forbes, citing financial disclosures, reported that Bannon could be worth as much as $48 million. The disclosures showed that Bannon’s fortune is tied up in real estate and media companies.

Bannon declined to comment to the CPI on the misreporting in the disclosure forms. A White House official who declined to be named told the CPI that the incorrect submission was a “mistake” that was being corrected.