Trump Adviser Discloses Up to $5M in Coinbase Stock Amid Crypto Policy Push

TL;DR:
- Kevin Hassett disclosed a holding valued between $1 million and $5 million in Coinbase stock as of December 31, 2025.
- The official earned over $50,000 for regulatory advisory work at the exchange prior to joining the White House in January 2025.
- The White House confirmed that Hassett maintains a formal recusal from regulatory matters involving cryptocurrencies.
The Director of the National Economic Council, Kevin Hassett, reported an equity stake worth up to five million dollars in Coinbase stock at the close of 2025. This figure was disclosed in his latest annual financial report, submitted to government ethics authorities.
The public disclosure form, first reported by CNBC, places the officialโs holding within an estimated range of $1 million to $5 million as of December 31, 2025. Because federal reporting standards categorize assets within broad value bands, the filing does not detail the precise number of shares held or their purchase price.
Hassett served on Coinbaseโs Academic and Regulatory Advisory Council from 2021 until January 2025, when he stepped into the leadership of the National Economic Council (NEC). Earlier filings from the first half of 2025 indicate the economist earned more than $50,000 for his professional consulting services at the firm.
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