Name: David Sacks
Title: Former White House AI and Crypto Czar, Co-Chair of the President’s Council Advisors on Science and Technology (PCAST)
Industry Affiliation
- Co-founder of Craft Ventures, which has investments in AI, defense tech, and crypto companies. Investments include defense contractor Anduril, crypto platform BitGo (exited in 2026), and AI coding start up Replit.
Revolver/Government Experience
- Under the second Trump administration, Sacks served as the White House AI and Crypto czar. He was appointed by the White House in December 2024 under a special government employee designation (SGE), a form of temporary government employee that limits a person to 130 days of work in a year, and resigned in March 2026. His work in the White House raised numerous ethical red flags due to his hundreds of conflicting investments in crypto and AI companies, as well as his status as a policymaking, rather than policy implementing, SGE.
- In March 2026, Sacks was tapped to co-chair the President’s Council Advisors on Science and Technology (PCAST), which produces reports and policy recommendations for the President. Of the Council’s 13 members, 12 of them are industry executives or venture capitalists with significant investments in AI companies or projects.
- As AI Czar, Sacks co-authored the White House AI Action Plan, which called for the removal of “onerous regulation” to accelerate AI development, fast-tracked permitting for data centers and semiconductor manufacturers, and widespread adoption of AI by the federal government, namely by the Department of Defense.
- Sacks was a key voice in the White House efforts to remove restrictions on foreign sales by AI chip manufacturers.
- In May 2025, Sacks negotiated a deal that allowed the United Arab Emirates to purchase 500,000 AI chips from American companies, including Nvidia. The deal occurred just weeks after the controller of the UAE’s sovereign wealth fund deposited $2 billion into Trump’s crypto company World Liberty Financial.
- Sacks held investments in the company that builds Nvidia chips, as well as other AI companies.
- Sacks was also instrumental in the US deal to allow the sale of AI chips from Nvidia and Advanced Micro Devices to China, although China has thus far blocked its companies from purchasing the chips. The move was a stark reversal of Trump’s first term and Biden-era policy when the US restricted chip sales to China citing national security and intellectual property concerns.
- In May 2025, Sacks negotiated a deal that allowed the United Arab Emirates to purchase 500,000 AI chips from American companies, including Nvidia. The deal occurred just weeks after the controller of the UAE’s sovereign wealth fund deposited $2 billion into Trump’s crypto company World Liberty Financial.
State Level Action
- Sacks advocated for federal preemption of some state level AI regulation, saying the White House would “push back on the most onerous examples of state regulations.” To that end, Trump issued an executive order, authored by Sacks, that directed the Department of Justice to pursue litigation against states that pass legislation regulating the AI industry.
Image Credit: “David Sacks” by jdlasica is licensed under CC BY 2.0.