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Trump Taps Top Silicon Valley Conservative for Key Tech Role: The David Sacks Appointment

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 lead the oversight of cryptocurrency and artificial intelligence technologies. Sacks advocates for less strict regulations on these technologies.

Written by Theodore Schleifer

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

President-elect Donald J. Trump has appointed a well-known conservative investor, donor, and media figure from Silicon Valley to assist in managing technology policy in the United States.

The president-elect announced on social media that David Sacks, a venture capitalist and former executive at PayPal who started a successful podcast, will be appointed as the "White House A.I. and Crypto Czar." Sacks, who is a close associate of Elon Musk, has been encouraging Musk to explore Republican politics further over the past year.

This new position solidifies the belief that the Trump administration plans to have a more relaxed approach to regulating technology, especially cryptocurrencies. Cryptocurrencies have increased in value since Trump’s election victory, and Trump himself has a business stake in them. The person appointed for this role, Mr. Sacks, is the leader of a venture capital firm and has advocated for less restrictive policies on both cryptocurrency and artificial intelligence.

Mr. Sacks successfully advocated for a unified approach within the Trump transition team. Instead of having different individuals oversee artificial intelligence and cryptocurrency separately, Mr. Sacks was selected to oversee both areas in a single appointment.

On Thursday evening, Mr. Trump announced that David will be responsible for shaping policy in Artificial Intelligence and Cryptocurrency, which are important for America’s future competitiveness. David’s main goal will be to ensure that America becomes a dominant global leader in these two areas.

According to his firm, Mr. Sacks does not hold a full-time position. He has mentioned to his friends that he chose not to take on a formal role as it would mean stepping down from his current role as overseer of 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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