Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy

Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Tuesday, June 2, 2026. Aaron Schwartz | Bloomberg | Getty ImagesWhite House National Economic Council Director Kevin Hassett held between $1 million and $5 million worth of shares in crypto giant Coinbase at the end of 2025, as President Donald Trump's administration rapidly rewrote federal cryptocurrency policy.Hassett's previously unreported 2025 annual financial disclosure lists the investment as vested Coinbase shares. He formerly worked as an advisor to the company. The filing shows he had not fully divested from the company nearly 11 months into Trump's second term. While the filing was recently released, it doesn't indicate whether Hassett still holds the shares as it covers only 2025.Three days after taking office in 2025, Trump established the President's Working Group on Digital Asset Markets within the NEC. His executive order included Hassett's White House position or a designee as a member and required the group's final recommendations to reach Trump through Hassett's office.The group, chaired by the then-White House crypto advisor ...