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• Kevin Hassett reported total asset holdings worth $7.6 million to the federal Office of Government Ethics
• Hassett revealed his Coinbase holdings worth between $1 and $5 million

One of Donald Trump’s top advisors, Kevin Hassett, revealed his asset holdings on Tuesday to the Office of Government Ethics. By reporting total assets worth around $7.6 million, Hassett joined the list of White House officials who disclosed their assets. Unlike Trump’s first term, the White House doesn’t seem to be too keen on releasing disclosures for officials. 

Kevin Hassett reported a total of $7.6 million in asset holdings. He disclosed a total income of $1.5 million from his employment salary, which included his salary income from his previous roles as well. Additionally, Hassett reported income from fees for attending several prominent events as a speaker. 

Kevin Hassett Disclosed His Coinbase Holdings to the Federal Office

The Federal Office of Government Ethics disclosed Hassett’s asset holdings document, which is still in draft form. What caught the attention of the media was Hassett’s total Coinbase holdings. 

Coinbase holdings of Hassett are worth at least $1 million, which could be worth as much as $5 million, as per the OGE disclosure. Apart from his other sources, Hassett also revealed his salary of $50,001 from Coinbase in exchange for his role on the Coinbase advisory board. 

Donald Trump’s involvement with crypto was questioned in the US Senate, citing conflicts of interest. Hassett’s Coinbase holdings might also raise similar concerns. However, the federal office didn’t clearly state whether Hasset has to withdraw his Coinbase holdings to avoid this. 

Under Donald Trump’s presidency in the US, most of the officials in leading positions have a background in the business world. Some of them are also involved in crypto investments and crypto firms. This might make it difficult for the Office of Government Ethics to review asset holdings disclosures and suggest that they divest from some assets. 

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