According to Odaily Planet Daily, on December 22, local time, US President-elect Trump nominated Michael Kratsios as the next director of the White House Office of Science and Technology Policy (OSTP). Kratsios previously served as White House Chief Technology Officer and Deputy Secretary of Defense.
AI and crypto czar David Sacks commented that the appointment was well deserved, Kratsios knew OSTP well and would work under Trump's leadership. Sacks previously denied reports of a role change, saying he was still guiding policy between Washington and Silicon Valley.
Despite the change in position, Sacks remains influential and often travels between Florida and San Francisco. His appointment has sparked controversy, but some people in Silicon Valley are optimistic that it may help start-ups.