David Sacks Reappointed as White House AI & Crypto Chief, Also Named Co-Chair of PCAST

According to Fox Business, David Sacks will continue to serve as the White House's head of AI and cryptocurrency, and has been appointed co-chair of the President's Council of Advisors on Science and Technology (PCAST), expanding his role in the Trump administration. He stated that the Trump administration has more priorities in 2026, and PCAST is acting quickly to drive U.S. advantages in key technology areas.

Sacks hails from Silicon Valley, is a member of the 'PayPal Mafia' and runs the venture capital fund Craft Ventures. His policy focus centers on AI and cryptocurrency as pillars of national competitiveness, planning to reverse strict regulatory styles and build a 'world cryptocurrency capital'. Previously, he divested crypto assets due to dual roles, reflecting ethical dilemmas for private sector figures entering public office.