Trump picks David Sacks as White House AI and cryptocurrency “czar.”

WASHINGTON — President-elect Donald Trump on Thursday named venture capitalist and former PayPal chief operating officer David Sacks as a top White House adviser on artificial intelligence and cryptocurrency issues.

In a Truth Social post, Trump said Sacks would lead policy and focus on “making America the clear world leader” on two issues that have come to the forefront in policy discussions surrounding technology and the global economy . Sacks will also lead the Presidential Council of Advisors for Science and Technology, a group that makes science, technology and other innovation policy recommendations to the White House.

“It will protect free speech online and keep us away from Big Tech’s bias and censorship. “He will work on a legal framework so that the crypto industry has the clarity it has asked for and can thrive in the U.S.,” Trump added in the social media post announcing the appointment of his so-called “White House “AI & Crypto Czar” announced .”

Sacks was once a vocal Trump critic, saying on an episode of his “All In” podcast that the former and future president was “clearly” responsible for the Capitol riot on January 6, 2021. “I think he has once again disqualified himself from running at the national level,” he said at the time.

However, Sacks’ views have since changed and he hosted a fundraiser for Trump at his home in San Francisco in June, selling tickets for $50,000 per person, according to NBC News.

He wrote in a post at the time

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Trump picks David Sacks as White House AI and cryptocurrency “czar.”

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