Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has announced via Truth Social the appointment of entrepreneur and investor David O. Sacks as the “White House A.I. & Crypto Czar.”
In this newly created role, Sacks will lead policy initiatives in artificial intelligence and cryptocurrency, areas Trump describes as “critical to the future of American competitiveness.”
A prominent figure in Silicon Valley, Sacks, a Stanford-educated former COO of Paypal, co-founded venture capital firm Craft Ventures and has played a key role in scaling companies like Yammer, later acquired by Microsoft.
Trump highlighted Sacks’ mandate to advance U.S. leadership in AI and cryptocurrency while addressing issues like online free speech, tech industry bias, and legal clarity for crypto markets.
Sacks, also a producer of the films “Thank You for Smoking” and “Dalíland,” is set to lead the Presidential Council of Advisors for Science and Technology.
His diverse background across tech, entertainment, and policy positions him as a notable choice for the intersection of emerging technologies and national governance.
Trump‘s announcement signals a focus on technology-driven growth and regulatory reform as key pillars of his administration.