What to know about David Sacks, Trump’s pick for AI and crypto czar [Video]

Tech founders and Silicon Valley VCs who supported — and threw their money behind — Donald Trump are being handsomely rewarded by the President-elect.

Shortly after winning the 2024 election, Trump appointed one of his biggest supporters, Elon Musk, to head up a new agency called the U.S. Department of Government Efficiency, or DOGE.

Now, Trump is rewarding another wealthy tech founder for their loyalty: investor and podcaster David Sacks.

“I am pleased to announce that David O. Sacks will be the ‘White House A.I. & Crypto Czar,'” Trump announced in a post on his social media platform Truth Social. “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness.”

According to Trump, Sacks’ role will be to “safeguard Free Speech online” and “work on a legal framework” for the cryptocurrency industry. Trump also shared that Sacks would lead the Presidential Council of …