Entrepreneur David Sacks spent 130 days as President Donald Trump’s special advisor for artificial intelligence and digital assets.
After completing his term, Sacks moved to co-chair the President’s Council of Advisors on Science and Technology (PCAST).
Sacks will continue advising the administration on a wide range of technology issues, including AI and crypto. The council was established by presidential executive order in January 2025. Trump recently approved its inaugural 13-member slate.
PCAST Composition and Mission
Michael Kratsios joins Sacks as co-chair. The council includes leaders from major technology companies: Jensen Huang (Nvidia), Mark Zuckerberg (Meta), Lisa Su (AMD), Larry Ellison (Oracle), Marc Andreessen (Andreessen Horowitz), and Michael Dell (Dell Technologies).
Fred Ehrsam, co-founder of Coinbase and Paradigm, serves as the sole representative from the crypto industry.
One of the council’s key tasks is unifying AI regulation at federal and state levels. Sacks noted that 50 states currently apply different rules, creating obstacles for innovation.
The “Crypto Czar” Legacy
During his time at the White House, Sacks helped prepare the Digital Assets Working Group report. He also advanced the GENIUS Act (stablecoins) and the CLARITY Act. He supported the idea of a strategic bitcoin reserve.
Despite completing his formal term, Sacks will continue influencing crypto policy through his new role. Several key initiatives remain under congressional discussion, including final passage of market structure legislation and the creation of a permanent crypto council.
Before his appointment, Sacks sold his personal crypto holdings to avoid conflicts of interest. At the time of his transition to PCAST, major crypto reform efforts—market structure and stablecoin regulation—remained in the legislative debate phase.
