Key Takeaways
- David Sacks completed his maximum 130-day tenure as the White House crypto and AI czar
- Sacks now serves as co-chair of the President’s Council of Advisors on Science and Technology (PCAST)
- The council features Jensen Huang, Mark Zuckerberg, Marc Andreessen, and 10 additional technology executives
- Coinbase co-founder Fred Ehrsam represents the sole crypto-focused voice among the 13 council members
- Artificial intelligence regulation across state lines emerges as a primary objective for the council
The tenure of David Sacks as the White House crypto and AI czar concluded after 130 working days. Federal regulations governing special government employees establish this 130-day ceiling within any 12-month timeframe.
During a Bloomberg interview on Thursday, March 27, Sacks acknowledged the conclusion of his czar position. He emphasized that his new appointment maintains his influence over technology and cryptocurrency policy development.
Sacks assumes the role of co-chair for the President’s Council of Advisors on Science and Technology, commonly referred to as PCAST. This advisory body comprises 13 individuals representing artificial intelligence, digital assets, healthcare, and quantum computing sectors.
The Council Composition
The roster accompanying Sacks features Nvidia CEO Jensen Huang, Meta’s founder Mark Zuckerberg, AMD’s CEO Lisa Su, Oracle’s Larry Ellison, Dell’s founder Michael Dell, and Andreessen Horowitz co-founder Marc Andreessen.
Google co-founder Sergey Brin joins the advisory group as well. Michael Kratsios, a veteran of both Trump administrations, assumes the co-chair position with Sacks.
Fred Ehrsam, who established Coinbase in 2012 before co-founding the crypto venture capital firm Paradigm, stands as the single cryptocurrency-focused representative on the panel.
During his czar appointment, Sacks contributed to publishing a 166-page cryptocurrency regulatory document in July. He participated in advancing the GENIUS Act, legislation centered on stablecoin oversight.
Artificial Intelligence Regulation Becomes Primary Focus
On March 20, Sacks assisted the Trump administration in unveiling an AI policy framework designed to encourage innovation while safeguarding children and intellectual property rights.
Throughout his Bloomberg discussion, Sacks concentrated exclusively on AI, quantum computing, and nuclear energy without addressing cryptocurrency matters.
He pointed to the challenge of 50 individual states developing separate AI regulations. This approach generates a “patchwork of regulation” that complicates compliance for businesses.
“What the president has called for is one rulebook,” Sacks explained.
A senior White House adviser informed Fox Business that Sacks retains an unofficial designation as the administration’s crypto and AI czar. The new position expands his advisory scope across multiple technology domains.
The council will examine policy matters and deliver formal guidance to regulatory agencies. Sacks indicated the team intends to advance the AI framework introduced the previous week.
He noted that council members will “study issues together” prior to issuing official guidance.
The GENIUS Act, which benefited from Sacks’ support, addressed stablecoin regulatory frameworks. He maintains advocacy for the CLARITY Act, comprehensive legislation covering cryptocurrency market infrastructure.
The 130-day limitation affecting special government employees does not restrict his new PCAST co-chair appointment.
