Press releases or policy documents from the White House or relevant government agencies

Trump Names David Sacks as AI and Crypto Czar to Safeguard Free Speech

Dec 6, 2024, 01:22 AM

President-elect Donald Trump has appointed venture capitalist and former PayPal COO David O. Sacks as the White House AI and Crypto Czar. In this newly created role, Sacks will guide policy on artificial intelligence and cryptocurrency, aiming to centralize U.S. tech policy, foster innovation, and strengthen the nation's leadership in emerging technologies. Trump stated that Sacks will work on a legal framework to provide clarity for the crypto industry, which has been seeking regulatory certainty. Additionally, Sacks will focus on safeguarding free speech online and steering away from Big Tech bias and censorship. He is also expected to lead the Presidential Council of Advisors for Science and Technology. Known for his deep understanding of technology and innovation, Sacks is anticipated to help make America a global leader in AI and cryptocurrency.