White House Economic Director Kevin Hassett Holds Up to $5M in Coinbase Stock
Kevin Hassett, Director of the U.S. National Economic Council under President Donald Trump, has disclosed a significant personal stake in Coinbase Global Inc. (COIN), according to a Tuesday report from Bloomberg.
The filing reveals that Hassett owns vested Coinbase stock worth between $1 million and $5 million, based on standard government asset disclosure ranges.
The report notes that Hassett’s total declared assets exceed $7.6 million.
Ties to Coinbase’s Advisory Council
Beyond his equity holdings, Hassett also reported receiving $50,001 in salary from his role on Coinbase’s Academic and Regulatory Advisory Council, a board composed of high-level policy veterans. Notably, fellow board members include former SEC Chair Jay Clayton and former CIA General Counsel Courtney Elwood, both of whom have also served in senior roles connected to the Trump administration.
The disclosure underscores the increasingly deep ties between crypto firms and key players in U.S. financial policy circles.
Conflict of Interest Questions Remain
The financial filing did not indicate whether Hassett would be required to divest his Coinbase stake to prevent any potential conflicts of interest while serving as a top White House economic advisor. The ambiguity could draw scrutiny, especially as the federal government continues shaping crypto-related policy and regulatory frameworks.
With Coinbase frequently at the center of major crypto policy debates—including ETF approvals, enforcement actions, and exchange regulation—Hassett’s role and financial interest in the company could prompt ethical questions depending on how policy decisions unfold in the coming months.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
