President-elect Donald Trump announced venture capitalist David Sacks as the “White House AI & Crypto Czar,” tasking him with shaping artificial intelligence and cryptocurrency policies. Sacks will spearhead efforts to create a legal framework for crypto and lead a presidential science and technology advisory council.
Known for his ties to Silicon Valley and the “PayPal mafia,” Sacks hosted a major fundraiser for Trump earlier this year, signaling a shift in support after previously criticizing the former president. Trump emphasized Sacks’ role in promoting U.S. leadership in AI and crypto while safeguarding free speech and addressing concerns about Big Tech.
Sacks’ appointment highlights the administration’s alignment with pro-crypto and tech innovation policies as part of its broader agenda.
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