David Sacks, the White House official overseeing artificial intelligence (AI) and cryptocurrency, has been appointed co-chair of the President's Council of Advisors on Science and Technology (PCAST).This new role is designed to enhance his influence in shaping US technology policy, particularly in the areas of AI and digital assets.
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foxbusiness.comcnbc.comThe establishment of PCAST was announced by President Donald Trump through an executive order, aiming to bring together leading figures in science and technology to advise the president.The council's mission includes strengthening US leadership in these critical fields and addressing the challenges posed by emerging technologies.
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foxbusiness.comindexbox.ioSacks, who has been a prominent figure in the Trump administration since the beginning of his second term, expressed enthusiasm about the new responsibilities.He stated, "After all the accomplishments in our first year, Donald Trump has even bigger priorities for 2026," highlighting the administration's focus on innovation and technology policy.
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tribuneindia.comThe council will comprise up to 24 members, including notable tech leaders such as Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and Oracle co-founder Larry Ellison.This diverse assembly is expected to provide evidence-based recommendations to the president on various technology topics.
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foxbusiness.comindexbox.ioIn his previous role as AI and crypto czar, Sacks has been instrumental in driving significant policy shifts aimed at reshaping US artificial intelligence strategy.This includes rolling back previous restrictions and expanding federal oversight.For instance, Trump signed an executive order within his first week in office that revoked a more cautious approach to emerging technologies established by the prior administration.
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foxbusiness.comindexbox.ioFurthermore, Sacks has played a key role in the administration's cryptocurrency agenda.Shortly after taking office, Trump signed an order promoting US leadership in digital assets and establishing a Strategic Bitcoin Reserve.This initiative positioned the country as a leader in government-backed digital asset strategy.
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cnbc.comindexbox.ioThe newly formed PCAST is expected to focus on the opportunities and challenges that emerging technologies present to the American workforce.Sacks emphasized the importance of ensuring that all Americans thrive in what he termed the "Golden Age of Innovation." This aligns with the council's goal of championing investments in innovation while eliminating bureaucratic barriers.
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pymnts.comtribuneindia.comSacks' appointment has drawn praise from industry leaders who recognize his contributions to advancing innovation-focused policies.Mike Selig, a prominent figure in the technology space, commended Sacks for his leadership as the administration's AI and crypto advisor and expressed enthusiasm for future collaborations in his expanded role.
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tribuneindia.comAs the co-chair of PCAST, Sacks will continue to advocate for the administration's AI framework and other technology initiatives.The council's efforts will be critical in positioning the United States as a leader in transformative technologies such as AI and quantum computing, as outlined in the initial goals set by the Trump administration.
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pymnts.comIn summary, David Sacks' new appointment as co-chair of PCAST signifies a strategic move by the Trump administration to bolster its technological agenda.With a focus on AI and cryptocurrency, the council aims to provide robust recommendations that will guide US policy in these rapidly evolving sectors.
