Official announcements from the White House or U.S. government press releases

Trump Names David Sacks as AI and Crypto Czar; Posts Photo with Elon Musk

Dec 6, 2024, 12:56 AM

President Donald Trump has appointed Silicon Valley entrepreneur David O. Sacks as the White House AI and Cryptocurrency Czar, a role aimed at centralizing U.S. technology policy, boosting innovation, and strengthening leadership in emerging technologies such as artificial intelligence and cryptocurrency. Trump stated that Sacks possesses the knowledge, business experience, intelligence, and pragmatism to 'make America great' in these critical technologies. The appointment was reported by Bloomberg and has been widely acknowledged across various platforms. Additionally, President Trump posted a photo of himself with Elon Musk in the Oval Office, fueling speculation about Musk's involvement in the administration's tech initiatives.