Trump Advisor Kevin Hassett Held Up to $5M Coinbase Stake During Crypto Policy Shift
Kevin Hassett held a significant Coinbase stake while advising Trump on economic policy, raising conflict-of-interest questions.
Kevin Hassett, President Donald Trump's top White House economic advisor, maintained a Coinbase shareholding valued at up to $5 million while simultaneously helping shape the administration's sweeping pro-crypto policy agenda, according to his financial disclosure filing.
The disclosure puts Hassett at the center of a potential conflict-of-interest debate: as the nation's leading White House economist, he sat in senior advisory meetings during a period when the Trump administration moved aggressively to reposition the federal government as a crypto-friendly regulator, decisions that stood to directly benefit a major publicly traded exchange like Coinbase.
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Coinbase, the largest U.S.-based cryptocurrency exchange, has been among the most prominent corporate beneficiaries of Washington's softened stance toward digital assets under Trump. Any regulatory easing or favorable executive action affecting the crypto industry could materially influence the company's stock price and, by extension, the value of Hassett's personal holdings.
White House financial disclosure rules require senior officials to report personal investments, but critics argue that disclosure alone is insufficient when an advisor's portfolio overlaps so directly with the policy domain they oversee. The situation renews broader scrutiny over how the administration manages ethical guardrails as it courts the digital-asset industry.
The full scope of Hassett's involvement in specific crypto-related decisions has not been detailed publicly. Continue reading at US Top News and Analysis.
