According to a report by the financial news outlet CNBC, Kevin Hassett, Director of the White House National Economic Council (NEC), holds Coinbase stock valued at between $1 million and $5 million—holdings he is set to retain until the end of 2025. As the Trump administration moves to significantly deregulate the cryptocurrency sector, questions have arisen regarding two issues: first, whether Hassett faces a conflict of interest; and second, whether his recusal from cryptocurrency-related matters to avoid such conflicts might prevent him from participating in major policy initiatives overseen by the NEC.
Hassett holds $5 million in Coinbase stock
