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Trump Taps Silicon Valley Conservative David Sacks to Lead A.I. and Crypto Policy

In Citizen
January 19, 2025

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President Trump has appointed David Sacks, a prominent venture capitalist and podcast host, to lead oversight of cryptocurrency and artificial intelligence in Silicon Valley. Sacks advocates for less regulation of these cutting-edge technologies.

Written by Theodore Schleifer

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

President-elect Donald J. Trump has selected a well-known conservative investor, donor, and media figure from Silicon Valley 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 who also hosts a successful podcast, will be appointed as the "White House A.I. and Crypto Czar." Sacks is known for being a friend of Elon Musk and has been influential in encouraging Musk to become more involved in Republican politics in recent years.

A newly created position is showing that the Trump administration is looking to have less regulation on technology and cryptocurrencies. This is especially important because cryptocurrencies have increased in value since Trump’s election, and Trump himself has a personal interest in them. The person appointed to this role, Mr. Sacks, is the leader of a venture capital firm and has advocated for more lenient policies on both cryptocurrency and artificial intelligence.

Mr. Sacks successfully advocated for a consolidated approach in the Trump transition team. Initially, there were suggestions to have different individuals oversee artificial intelligence and crypto separately, but ultimately Mr. Sacks was selected to oversee both areas in a combined role.

On Thursday evening, Mr. Trump announced that David will be responsible for shaping the Administration’s policies on Artificial Intelligence and Cryptocurrency, which are important for American competitiveness in the future. David’s main goal will be to establish America as the top global leader in these two areas.

According to his firm, Mr. Sacks does not hold a full-time position. He informed his friends that he preferred not to have a formal role as it would mean stepping away from his responsibilities managing his venture capital fund, as reported by The New York Times. Just this week, Mr. Sacks revealed a new round of start-up funding that his firm is leading.

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