Trump Economic Adviser Hassett Discloses $1M-$5M Coinbase Stake

Kevin Hassett, Director of the National Economic Council under President Donald Trump, disclosed in a draft financial filing that he holds a significant stake in Coinbase Global Inc., valued between $1 million and $5 million. Hassett's financial disclosure also reveals he earned $50,001 from Coinbase for serving on its Academic and Regulatory Advisory Council, which includes other Trump administration-connected figures. With total assets reported at a minimum of $7.6 million, Hassett's investment and advisory role raise potential conflict of interest concerns as the White House shapes cryptocurrency regulatory policies. The disclosure underscores the growing ties between crypto firms and U.S. financial policymakers, though it remains unclear if Hassett must divest his shares to avoid conflicts. His prior income includes $1.5 million from academic and foundation roles and nearly $471,000 in speaking fees from major financial institutions. This situation highlights ethical questions amid ongoing federal efforts to regulate digital assets and maintain U.S. leadership in financial technology.