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Politics
Trump Announces Dedicated White House Role for Cryptocurrency and AI
By
Jake Beardslee
· December 6, 2024
President-elect Donald Trump has announced the creation of a new role in his administration for David Sacks, naming him White House Artificial Intelligence and Crypto Czar,
in a post on Truth Social
. Sacks, a tech entrepreneur and podcast host with ties to Silicon Valley, will be responsible for guiding policy in artificial intelligence and cryptocurrency.
Gage Skidmore / Wikimedia
In the announcement, Trump emphasized Sacks' role in "making America the clear global leader in both areas." The president-elect highlighted Sacks' mission to address online free speech and provide regulatory clarity for the cryptocurrency industry.
Gage Skidmore / Wikimedia
Sacks brings significant tech industry experience,
including being a co-founder and former COO of PayPal
and a close associate of Elon Musk. He has been an active supporter of Trump, hosting fundraisers for the Trump-Vance campaign and appearing on the "All In" podcast with the president-elect.
Robert Scoble / Wikimedia
During a previous podcast interview, Trump also expressed support for automatically granting green cards to college graduates, including those from junior colleges, as a means of attracting global talent.
Gage Skidmore / Wikimedia