David Sacks says his time as Trump’s crypto and AI czar has ended
Crypto czar David Sacks speaks to media outside the White House ahead of the White House Crypto Summit on March 7, 2025 in Washington, DC, USA.
Evelyn Hockstein | Reuters
Venture capitalist David Sacks is leaving his role as artificial intelligence and crypto czar for President Donald Trump.
Sacks told Bloomberg On Thursday, he said he had “used up” 130 days as a dedicated government employee and would join the President’s Council of Advisers on Science and Technology.
“I think moving forward as co-chair of PCAST, I can now make recommendations not just on AI but on a wide range of technology topics,” he said. “So yeah, that’s how I’m going to be involved moving forward.”
PCAST is a federal advisory committee of non-industry and academic experts that provides the president with evidence-based recommendations on technology, scientific research, and innovation policy.
Sacks has been a prominent figure in the White House since Trump began his second term, often having the president’s ear.
Sacks is a long-time entrepreneur, operator and startup investor in Silicon Valley and is currently a partner at Craft Ventures, which he co-founded in 2017.
Sacks said Thursday that Trump will continue to work to advance the artificial intelligence framework announced last week.
Last fall, Sacks said the Trump administration wanted to make permitting and energy production easier for companies, and the goal was to facilitate rapid infrastructure construction without increasing residential electricity rates.
A White House memo last March revealed that Sacks had sold over $200 million in digital asset-related investments.
