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Trump Taps Top Silicon Valley Conservative for A.I. and Crypto Oversight

In Citizen
January 18, 2025

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Trump has appointed a prominent conservative figure from Silicon Valley, David Sacks, to oversee the regulation of cryptocurrency and artificial intelligence. Sacks, a venture capitalist and podcast host, advocates for less strict regulation of these innovative technologies.

Written by Theodore Schleifer

For the past few years, Theodore Schleifer has been covering David Sacks’ political involvement in his writing.

President-elect Donald J. Trump has appointed a well-known conservative figure from Silicon Valley who is involved in investing, donating, and media to assist in managing tech policy in the United States.

The president-elect announced on social media that David Sacks, a venture capitalist and former executive at PayPal, will be appointed as the "White House A.I. and Crypto Czar." Sacks, who is known for launching a successful podcast, is a friend of Elon Musk and has been urging him to become more involved in Republican politics in recent years.

A new position will be created, showing that the Trump administration plans to have a more relaxed approach to regulating technology and cryptocurrencies. These digital assets have increased in value since Trump’s election and Trump himself has a business interest in them. Mr. Sacks, the leader of Craft Ventures, supports a more lenient policy towards both cryptocurrency and artificial intelligence.

In the Trump transition team, Mr. Sacks successfully advocated for a single person to oversee both artificial intelligence and crypto, rather than having separate individuals for each position. This decision was made in favor of Mr. Sacks, consolidating the responsibilities under his leadership.

On Thursday evening, Mr. Trump announced that David will lead the policy efforts for Artificial Intelligence and Cryptocurrency within the Administration. These two areas are important for American competitiveness in the future, and David will work towards establishing America as the top global leader in both fields.

According to his firm, Mr. Sacks does not work full-time. He had mentioned to his friends that he did not want a formal role as it would mean giving up his responsibilities at his venture capital fund. Recently, Mr. Sacks revealed a new round of funding for his start-up, which was led by his firm.

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