Look what’s clicking on FoxBusiness.com.
White House AI and crypto czar David Sacks was appointed co-chair of the President’s Council of Advisors on Science and Technology (PCAST), expanding his role within the Trump administration.
President Donald Trump created PCAST through an executive order on Wednesday, aimed at bringing together leading figures from science and technology to advise the president and strengthen U.S. leadership in those areas.
The new role positions Sacks to oversee a broader range of technology issues and deepen the White House’s engagement with major tech companies.
BLACKROCK CEO SAYS TRUMP ACCOUNTS COULD BE A ‘VERY IMPORTANT STEP’ FOR YOUNG AMERICANS
David Sacks, Artificial Intelligence (AI) and White House Crypto Czar, during the White House Digital Assets Summit in the State Dining Room of the White House in Washington, DC, USA, on Friday, March 7, 2025. (Chris Kleponis/CNP/Bloomberg via Getty Images/Getty Images)
The council will consist of up to 24 members, including Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg and Oracle co-founder Larry Ellison.
“David will always be its crypto and AI czar, but for the manager more broadly, this new role will allow him to advise on a wider range of critical technical issues,” the adviser said.
As AI and crypto czar, Sacks has contributed to a series of policy shifts aimed at reshaping America’s artificial intelligence strategy, including rolling back previous restrictions and expanding federal oversight.
CLASSIC BRAND BECOMES A STATUS SYMBOL IN TRUMP’S WHITE HOUSE

From left: Rep. Glenn Thompson, R-Penn., Sen. Tim Scott, R-S.C., White House Artificial Intelligence (AI) and Crypto Czar David Sacks, Rep. French Hill, R-Ark., and Sen. John Boozman, R-Ark., during a news conference on Capitol Hill in Washington, D. (Ting Shen/Bloomberg via Getty Images/Getty Images)
In his first week in office, Trump signed an executive order rescinding a Biden-era policy that took a more cautious approach to emerging technologies such as AI and blockchain.
Trump later signed another executive order in December 2025 establishing a national framework for AI regulation, preempting state-level rules. The order stated that American companies must be able to innovate “without burdensome regulation.”
In July 2025, the White House released its “Winning the AI Race” action plan, which outlined more than 90 federal policy initiatives aimed at accelerating innovation, building infrastructure, and strengthening the nation’s position in global AI development and security.
More recently, the White House unveiled a national AI policy framework aimed at creating a “consistent” standard for development across the country while addressing concerns around censorship, freedom of expression and child protection.
APPLE CEO TIM COOK DOUBLES POLICY ON POLITICS as He Joins TRUMP’S PRODUCTION PUSH

David Sacks, President Donald Trump’s AI and Crypto Czar, listens as Trump signs a series of executive orders in the Oval Office of the White House on January 23, 2025 in Washington, DC (Getty Images)
Sacks has also played a key role in shaping the government’s cryptocurrency agenda.
Within days of taking office, Trump signed an executive order to promote U.S. leadership in digital assets, ban the development of a central bank digital currency and establish a presidential task force on the issue.
In March 2025, Trump signed an order establishing a strategic Bitcoin reserve and a U.S. digital asset stockpile, positioning the country as a leader in government-backed digital asset strategy.
Congress followed up with the passage of the GENIUS Act in July 2025, the first major federal legislation on digital assets, which created a regulatory framework for payment stablecoins. The bill passed in both chambers with bipartisan support.
The government has also taken steps to ease regulatory burden on the crypto industry, including ending several SEC investigations and installing crypto-friendly leadership at key agencies.
The Consumer Financial Protection Bureau was disbanded — a move Sacks called his “personal favorite” — eliminating what he described as the crypto industry’s most aggressive enforcement arm.


