Trump Appoints David Sacks as AI and Crypto Advisor
December 6, 2024 - 04:10
In a significant move, former President Donald Trump has appointed David Sacks as the White House's new advisor on artificial intelligence and cryptocurrency. Sacks, who previously served as the COO of PayPal, is well-known in Silicon Valley and has established strong connections with influential figures such as Elon Musk and Peter Thiel.
This appointment comes at a time when the U.S. government is increasingly focused on the regulation and development of emerging technologies like AI and cryptocurrency. Sacks is expected to leverage his extensive experience in the tech industry to help shape policies that balance innovation with necessary oversight. His relationships with key players in the tech world could also facilitate collaboration between the private sector and government agencies.
As the landscape of technology evolves rapidly, Sacks' role will be crucial in navigating the complexities of these industries. His insights and leadership may play a pivotal role in determining the future direction of AI and cryptocurrency in the United States.
MORE NEWS
October 25, 2026 - 10:24
Dave Ramsey on Making the Dream Car a RealityThis week`s installment of down-to-earth personal finance advice from Dave Ramsey and the Dave Says column. A reader wrote in asking whether it is wise to buy a dream car while still carrying debt...
October 24, 2026 - 19:25
Honeywell Sees Stronger Than Expected Business GrowthHoneywell International Inc. shares moved lower in premarket trading Thursday after the company posted mixed third quarter results. Adjusted earnings came in above Wall Street expectations, while...
October 24, 2026 - 04:15
Local Businesses Push Back Against $20 Parking Fee at Daytona BeachBusiness owners in Daytona Beach are raising concerns that a $20 parking fee is keeping customers away and hurting their bottom line. The charge, which applies to beach access points and nearby...
October 23, 2026 - 23:15
Susanville tribal businesses sue SBA, alleging suspensions cost nearly $130M in contractsBusinesses owned by the Susanville Indian Rancheria filed a lawsuit against the Small Business Administration on Oct. 22, claiming the agency engaged in a brazen abuse of government power that cost...