Kevin Hassett Leads Fed Chair Race With $1M–$5M Coinbase Stake

Kevin Hassett, White House National Economic Council director, has emerged as the front-runner for Federal Reserve chair as President Donald Trump narrows his selection. Hassett disclosed owning $1m to $5m in Coinbase stock and receiving over $50,001 from the exchange for advisory work, according to Office of Government Ethics filings. Treasury Secretary Scott Bessent has completed second-round interviews with finalists, with Trump likely to announce a decision before December 25, 2025.