Trump Appoints David Sacks as White House AI and Crypto Czar

The Silicon Valley venture capitalist will shape U.S. policy on artificial intelligence and cryptocurrency in a newly created role that bypasses Senate confirmation.

David Sacks, a former PayPal executive and venture capitalist, has been named to lead U.S. AI and cryptocurrency policy under President-elect Donald Trump.
Sacks’ appointment signals a deregulatory approach, with a focus on fostering innovation and supporting the growth of both industries in the U.S.
Concerns have been raised about potential conflicts of interest, as Sacks will retain his role at Craft Ventures and is not required to divest his investments.
Sacks, a prominent Trump supporter, has advocated for free speech online, minimal AI regulation, and clear legal frameworks for the crypto industry.
Industry leaders have expressed optimism about his appointment, viewing it as a step toward modernizing regulations and promoting competitiveness in emerging technologies.