Trump picks Musk associate Sacks to head AI, cryptocurrency agency

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CONCORD, NEW HAMPSHIRE - JUNE 27: Republican presidential candidate, former U.S. President Donald Trump stands on stage after being introduced during the New Hampshire Federation of Republican Women's Lilac Luncheon on June 27, 2023 in Concord, New Hampshire. Republican presidential candidate, Florida Gov. Ron DeSantis is also holding a campaign event in New Hampshire today. (Photo by Scott Eisen/Getty Images)

 U.S. President-elect Donald Trump said the right-wing venture capitalist David Sacks would become “the White House A.I. & Crypto Czar,” a post on his social media platform Truth Social showed.

Trump called artificial intelligence (AI) and cryptocurrency “two areas critical to the future of American competitiveness.”

Sacks, a confidant of tech billionaire Elon Musk, will be charged with making the U.S. the clear world market leader in the AI and digital currency business.

Trump, who has long complained about what he has called a “liberal bias” from large tech companies such as Meta, also said that Sacks “will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.”

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Sacks will also be charged with creating a legal framework for the crypto industry so “it has the clarity it has been asking for and can thrive in the U.S.”

The multi-billionaire Sacks will also head the future president’s advisory board on science and technology. (dpa/NAN) 

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