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Trump Taps Top Silicon Valley Conservative for Key Tech Policy Role: A Look at David Sacks’ New Role in the Trump Transition

In Citizen
January 18, 2025

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Trump has appointed David Sacks, a prominent venture capitalist and podcast host from Silicon Valley, to oversee the regulation of cryptocurrencies and artificial intelligence. Sacks has advocated for less strict regulation of these new technologies.

Written by Theodore Schleifer

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

Donald J. Trump, who is set to become the next President, has appointed a well-known conservative figure from Silicon Valley to assist in managing technology policies in the United States.

The president-elect announced on social media that David Sacks, a venture capitalist and former executive at PayPal who also hosts a popular podcast, will be appointed as the "White House A.I. and Crypto Czar." Sacks, who is friends with Elon Musk, has been actively supporting Musk’s interest in Republican politics over the past year.

The newly created position indicates that the Trump administration plans to adopt a more relaxed approach to regulating technology, including cryptocurrencies. This is notable given the significant increase in the value of cryptocurrencies since Trump’s election, in which he also has personal investments. Mr. Sacks, the head of Craft Ventures, advocates for a more lenient policy towards both cryptocurrencies and artificial intelligence.

During the Trump transition, Mr. Sacks successfully advocated for a unified approach to overseeing artificial intelligence and crypto. Instead of separate positions, he was selected to oversee both areas in a joint appointment.

"David has been appointed to lead the development of policy in Artificial Intelligence and Cryptocurrency for the Administration. These two areas are essential for ensuring America’s future competitiveness," stated Mr. Trump during a Thursday evening announcement. "David’s primary goal will be to establish America as the leading global force in both fields."

According to his firm, Mr. Sacks does not hold a full-time position. He has expressed to friends that he prefers not to have a formal role that would take him away from managing his venture capital fund. Recently, Mr. Sacks announced a new round of start-up funding that was led by his firm.

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