Nikolas Sargeant
David Sacks has concluded his 130-day tenure as President Trump's crypto and AI czar, transitioning into a broader advisory role as co-chair of the President's Council of Advisors on Science and Technology (PCAST).
Speaking to Bloomberg on Thursday, Sacks confirmed the formal term had run its course but said he would continue shaping tech policy across a wider range of industries in the new role. A senior White House adviser also told Fox Business that Sacks would retain his crypto and AI czar designation while taking on the expanded PCAST portfolio.
During his tenure, Sacks was one of the most influential technology voices in the White House. He helped release a 166-page report from the President's Working Group on Digital Asset Markets in July outlining crypto regulatory recommendations, played a role in advancing the stablecoin-focused GENIUS Act, and assisted with an AI framework released on March 20 aimed at fostering innovation while protecting children and intellectual property.
PCAST will comprise 13 members drawn from AI, crypto, healthcare, and quantum computing. The group includes Nvidia's Jensen Huang, Meta's Mark Zuckerberg, AMD's Lisa Su, Oracle's Larry Ellison, a16z's Marc Andreessen, and Dell's Michael Dell. The sole crypto-native member is Paradigm co-founder and Coinbase co-founder Fred Ehrsam.
Sacks identified regulatory fragmentation as a primary concern for the council, pointing to 50 states regulating AI in divergent ways as a compliance burden for innovators. He said the president's goal is a single unified rulebook, a challenge PCAST will study and issue formal recommendations on before any guidance reaches regulators.
