Trump Advisor Hassett Held Up to $5M Coinbase Stake During Crypto Policy Shifts
Kevin Hassett owned up to $5 million in Coinbase stock while serving as Trump's chief economic advisor as the administration reshaped crypto regulations.
Kevin Hassett, President Donald Trump's top economic advisor, held a Coinbase stake valued at as much as $5 million while simultaneously advising the White House on economic policy — including during a period when the Trump administration was actively restructuring the United States' approach to cryptocurrency regulation, according to his financial disclosure.
The overlap between Hassett's personal investment and his senior advisory role raises immediate questions about potential conflicts of interest, given that Coinbase — the largest publicly traded cryptocurrency exchange in the country — stands to gain or lose significantly depending on how federal crypto policy is crafted and enforced.
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Hassett's disclosure places him among a growing list of Trump-era officials and allies whose personal financial holdings intersect directly with the policy areas they influence. The Trump administration has moved aggressively to position the United States as a global leader in digital assets, rolling back enforcement actions and signaling a far more permissive regulatory environment for the crypto industry.
The scale of the reported stake — up to $5 million in a single company that operates at the center of the crypto ecosystem — amplifies scrutiny on whether senior White House advisors are taking adequate steps to wall off personal financial interests from policy decisions. Coinbase has long lobbied for lighter regulatory oversight and would benefit directly from the administration's friendlier posture toward the industry.
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