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Trump Names David Sacks Co-Chair Of Technology Advisory Board, Expanding Role Of AI And Crypto

Dominic-Madori Davis by Dominic-Madori Davis
March 27, 2026
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White House AI and crypto czar David Sacks has been named co-chair of the President’s Council of Advisors on Science and Technology (PCAST), expanding his role in the Trump administration.

President Donald Trump On Wednesday, PCAST ​​was created by executive order, aimed at bringing together leading figures in science and technology to advise the president and strengthen American leadership in these areas.

This new role allows Sacks to oversee a broader range of technology issues and deepen the White House’s engagement with major technology companies.

“We’ve accomplished a lot in the first year, but the president wants to keep his foot to the floor on everything technology-related. That’s exactly what we’ll do,” Sacks told FOX Business.

BLACKROCK CEO SAYS TRUMP ACCOUNTS COULD BE “VERY IMPORTANT STEP” FOR YOUNG AMERICANS

White House Artificial Intelligence (AI) and Crypto Czar David Sacks during the White House Digital Assets Summit in the State Dining Room of the White House in Washington, DC, United States, Friday, March 7, 2025. (Chris Kleponis/CNP/Bloomberg via Getty Images / Getty Images)

The board will include up to 24 members, including Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and Oracle co-founder Larry Ellison.

A senior advisor to the president told FOX Business that Sacks will continue to serve as AI and crypto czar while taking on a broader portfolio.

“David will still be his crypto and AI czar, but for the administrator more broadly, this new role will allow him to advise on a broader range of critical technology issues,” the advisor said.

As AI and crypto czar, Sacks contributed to a series of policy changes aimed at reshaping the United States. artificial intelligence strategy, including repealing previous restrictions and expanding federal oversight.

A CLASSIC BRAND BECOME 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 press conference on Capitol Hill in Washington, D. (Ting Shen/Bloomberg via Getty Images / Getty Images)

During his first week in office, Trump signed an executive order repealing a Biden-era policy that took a more cautious approach toward emerging technologies like AI and blockchain.

Trump then signed another executive order in December 2025 establishing a national framework for regulating AI, preempting state-level rules. The order asserted that American companies must be able to innovate “without burdensome regulation.”

In July 2025, the White House released its “Winning the Race to AI” action plan, outlining more than 90 federal policy initiatives focused on accelerating innovation, building infrastructure, and strengthening the nation’s position in AI development and security globally.

Most recently, the White House unveiled a national AI policy framework aimed at creating a “consistent” standard for development nationwide while addressing concerns about censorship, free speech and child protections.

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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 January 23, 2025 in Washington, DC. (Getty Images)

Sacks also played a key role in developing the administration’s action plan. cryptocurrency program.

Days after taking office, Trump signed an executive order promoting U.S. leadership in digital assets, banning the development of a central bank digital currency and creating a presidential task force on the issue.

In March 2025, Trump signed an order establishing a strategic Bitcoin reserve and digital asset stockpile in the United States, positioning the country as a leader in government-backed digital asset strategy.

READ MORE ON FOX BUSINESS

Congress followed with the passage of the GENIUS Act in July 2025, the first major federal legislation on digital assets, creating a regulatory framework for payment stablecoins. The bill passed with bipartisan support in both chambers.

The administration has also taken steps to ease regulatory pressure on the crypto sector, including ending several SEC investigations and installing pro-crypto leadership at major agencies.

The Consumer Financial Protection Bureau was eliminated — a move Sacks called his “favorite” — eliminating what he described as the crypto industry’s most aggressive enforcement arm.

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