White House Economic Advisor Discloses Multi-Million Dollar Coinbase Stake Amid Crypto Policy Shifts

Key Stats for Coinbase Stock

• Price change for Coinbase stock in last 1 year: -47%
• $COIN Stock Price as of Sep. 10: $170
• 52-Week High: $402
• $COIN Stock Price Target: $200

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What Happened?

Coinbase (COIN) stock slid again as a new report added fresh scrutiny around the White House’s ties to the crypto industry.

A newly surfaced financial disclosure shows National Economic Council Director Kevin Hassett held between $1 million and $5 million in Coinbase shares at the end of 2025, nearly 11 months into his time at the White House.

Hassett advised Coinbase before joining the administration and has said he recused himself from crypto-related matters.

But the timing raises questions. Three days after taking office, President Trump created a crypto working group inside the NEC, and Hassett’s office was required to receive its final recommendations.

That group later proposed major regulatory changes covering banking, stablecoins, and taxation.

Ethics expert Virginia Canter called it a clear conflict of interest, or at least the appearance of one, and questioned how a broad recusal could have affected Hassett’s ability to do a core part of his job: coordinating economic policy across agencies like Treasury, the SEC, and the CFTC.