**Donald Trump Appoints David O. Sacks to Lead AI and Crypto at White House**
In a significant move, U.S. President-elect Donald Trump has appointed David O. Sacks, the founder of Yammer and former COO of PayPal, as the "White House A.I. and Crypto Czar." This announcement was made on December 5, 2024, via Trump's Truth Social account¹.
Sacks will be responsible for guiding the administration's policies on Artificial Intelligence and Cryptocurrency, two areas that Trump emphasized as critical for the future of American competitiveness. In his new role, Sacks will also lead the Presidential Council of Advisors for Science and Technology¹.
Trump's decision to appoint Sacks aligns with his pro-crypto stance during his election campaign. Sacks is expected to develop a legal framework to provide more clarity for the U.S. cryptocurrency sector¹. This appointment is part of a broader strategy by Trump to include pro-crypto figures in his administration, aiming to bolster the U.S. position in the rapidly evolving fields of AI and cryptocurrency¹.
This move has been seen as a step towards ensuring that the U.S. remains at the forefront of technological advancements and regulatory clarity in these critical sectors.
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