Kevin Hassett Held Up to $5M Coinbase Stake While Advising Trump on Crypto
Trump's chief economic advisor Kevin Hassett maintained a sizable Coinbase investment while the White House actively reshaped U.S. cryptocurrency policy.
Kevin Hassett, President Donald Trump's top White House economic advisor, held as much as $5 million in Coinbase stock while simultaneously advising the administration on economic matters, according to his financial disclosure filing. The revelation raises fresh questions about potential conflicts of interest at the highest levels of U.S. economic policymaking during a period of sweeping crypto regulatory change.
Coinbase, the largest U.S.-based cryptocurrency exchange, stands to benefit enormously from the policy environment being shaped inside the Trump White House. Any deregulatory moves, favorable legislation, or shifts in enforcement posture by federal agencies could directly affect the company's valuation — and, by extension, Hassett's personal net worth.
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The timing is significant. The Trump administration has positioned itself as broadly pro-crypto, signaling a departure from the stricter oversight approach that characterized the Biden era. With Hassett occupying a central advisory role on economic policy, his financial exposure to one of the industry's flagship companies adds a layer of complexity to that policy pivot.
Financial disclosures for senior government officials are designed to surface exactly these kinds of holdings, allowing the public and oversight bodies to assess whether personal financial interests could influence official decisions. Whether Hassett recused himself from crypto-related deliberations or sought ethics guidance on his Coinbase position has not been reported. The scale of the stake — potentially reaching seven figures — is notable by any standard for a sitting White House advisor.
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